Gresham House appoints Head of Treasury Solutions to expand housing strategy
Gresham House, a specialist alternative asset manager, has appointed Andrew Stirling as Head of Treasury Solutions within TradeRisks Limited, a fund management business and specialist provider of debt structuring and advisory services to the housing and social infrastructure sectors that was acquired by Gresham House in March 2020.
Andrew will be responsible for the expansion of the TradeRisks housing division as part of the corporate financial advisory team. Reporting to Alex Pilato, Managing Director of Housing, and Antoine Pesenti, Head of Capital Markets, and his main responsibilities will be debt arrangement for UK housing associations and local authorities as well as treasury advisory services across the wider business.
With six years’ experience in the UK housing sector and twenty years in derivative markets, Andrew specialises in treasury risk management, securities and investor products. He also has extensive experience working in shipping and physical commodities.
He joins from Lloyds Banking Group, where he was Director of Social Housing for six years, leading a team to provide treasury risk management products to UK housing associations. He also worked for RBS Group for nine years, as Vice President of Corporate Banking Solutions for seven years and as Director of Risk Solutions for two years.
TradeRisks was acquired earlier this year in a push to continue the expansion of the Gresham House plc Housing strategy. TradeRisks' wholly owned and separately FCA-regulated subsidiary, ReSI Capital Management Limited ("RCM"), is the manager of Residential Secure Income plc ("ReSI plc"), a closed-ended investment company which seeks to deliver secure income returns to its shareholders by investing in portfolios of shared ownership, retirement and local authority housing.
Commenting on the appointment, Alex Pilato, CEO of TradeRisks Limited said: “We’re delighted to have Andrew on board, who will be an invaluable addition to our corporate financial advisory team. Given the wealth of expertise he has built in debt advisory and treasury risk management, we are confident that our housing division will continue to be a fast-growing area of the business.”