Gresham House CEO Tony Dalwood and chief financial officer Kevin Acton speak to Proactive London's Stephen Gunnion about the company's first-half results and the acquisition of the venture capital trust (VCT) business of Mobeus Equity Partners, which will be funded with a proposed £40 million capital raise.
After a strong interim performance, which resulted in assets under management (AUM) swelling by 19% to £4.72 billion, Gresham House said the Mobeus acquisition will bring total AUM to £5.4 billion and will be materially earnings enhancing.