Sanlam UK acquires £60m Yorkshire-based financial planning business
The deal will see Sanlam UK acquire Grennan Adviser Ltd’s book of clients and £60 million of AUM.
12 March 2018
Stanhope Capital, the global investment firm, has appointed Alex Kershaw as partner within its Portfolio Management Team. He joins after fifteen years with institutional investment adviser Cambridge Associates where he was formerly head of the London office and head of the Middle East and Africa Practice. His clients included sovereign wealth funds, central banks, development funds and other large governmental investors, as well as families.
Prior to this, from 1991 to 2002, Kershaw was a diplomat with the Foreign Commonwealth Office, where he focused on Middle Eastern issues. He was also an associate consultant at The Coba Group, a management consultancy, from 1989 to 1991, where he advised clients on a range of business and financial issues.
Daniel Pinto, founding partner and CEO of Stanhope Capital, commented: We are delighted to welcome someone of Alex’s calibre to Stanhope Capital. His track record speaks for itself. His wealth of experience with sovereign wealth funds, central banks and prominent families, combined with his diplomatic credentials will bring an invaluable perspective to our business as we continue to expand our reach in the Middle East and elsewhere.”