Gresham House, a specialist alternative asset manager, is planning to expand its operations in Ireland significantly over the next five years. CEO Tony Dalwood made this announcement during a visit to Dublin, coinciding with the opening of the company's new offices on Shelbourne Road in Ballsbridge.

With over €10 billion in assets under management globally, Gresham House is enhancing its Real Assets specializations, particularly in forestry, where it ranks as the seventh largest asset manager worldwide. The firm entered the Irish market in 2021 by acquiring Appian Asset Management, followed by the purchase of Burlington Real Estate in 2022. Currently, Gresham House employs 36 people in Ireland and manages approximately €800 million in assets.

In a recent leadership change, Patrick Lawless has transitioned from Managing Director of Gresham House's Irish operations to Executive Chairman of the holding company for its Irish businesses. He will also continue to serve as Chair of the Investment Committee for the Irish division. The board of Gresham House Asset Management Ireland Limited will remain stable, with Brian O'Kelly, Catherine Duffy, and Pat Cox continuing in their respective roles.

Following Lawless's new appointment, Joe O'Carroll has been named CEO of Gresham House Asset Management (Resources) Ireland Ltd, while Enda McKenna has been appointed Managing Director of Gresham House Asset Management Ireland Ltd. O'Carroll will oversee the Irish business, and McKenna will lead the Alternative Investment Manager Fund operations in the country.

Dalwood emphasized the importance of the Irish market to Gresham House's overall strategy, expressing confidence in its growth potential. He highlighted Lawless's extensive experience in the Irish market, noting that his continued leadership as Executive Chairman will provide valuable strategic oversight for the team.