G10 Capital, an affiliate of Lawson Conner, is to be appointed as an alternative investment fund manager (AIFM) by Gresham House Asset Management in order to provide alternative fund management services to LMS Capital.

The LMS portfolio, valued at just over GBP92 million, will form a key component of Gresham House's strategic equity division and leverage the private equity capability of the team.
 
The award of this investment mandate is in-line with the company's stated strategy to develop its alternative asset management platform, build AUM, both organically and through acquisition, and to grow earnings through asset management and performance fees.
 
LMS is a listed investment company with a portfolio that is currently undergoing a realisation programme and includes small to medium sized private and public companies in the consumer, energy and business services sectors.
 
The provision of AIFM services to listed private equity funds has become a key strength of Lawson Conner's AIFM offering for regulatory hosting. Most recently, Lawson Conner has completed six private equity launches across Asia, the US and Europe.