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Gresham House hikes dividend as annual asset under management jumps 42%

Investegate, Gresham House hikes dividend as annual asset under management jumps 42% by BFN News From InvestEgate

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17 December 2020 | 08:54am StockMarketWire.com - Alternative asset manager Gresham House said it had acquired Appian Asset Management for up to €10 million. Based in the Republic of Ireland, Appian is an active asset manager with about €330 million in assets under management as at 30 September 2020 with €0.4 million normalised EBITDA for the year to 30 November 2020. The firm managed a range of funds which invest globally across traditional and alternative asset classes including equities, property, infrastructure, and forestry. Under the terms of the deal, the company paid €4.55 m...