Grosvenor Fund Management Makes High Level Moves

LONDON-In a move to grow its business internationally and in the US, Grosvenor Fund Management has made two changes to its leadership structure.

GFM creating the new role of global head of capital markets, leading a central capital raising team. Alexia Gottschalch, who has served as CEO of GFM's Philadelphia-based US operation, has been appointed to this post and remains on the GFM board. Reporting directly to GFM's global chief executive James Raynor, Gottschalch will be responsible for GFM's capital raising strategy in order to spearhead GFM's global growth.  She will be recruiting to increase the capacity of the existing capital markets team.  

Gottschalch's appointment creates a vacancy in the post of CEO of GFM's US operation. Bruce Ambler, who has been chief operating officer for GFM in the US since February 2013, is taking on the role. Ambler also will report directly to Raynor.

"With clients in many jurisdictions, we need a global approach to capital-raising and it needs to be championed at a senior level," Raynor said. "I'm delighted that we can fill this important new post by promoting from within—Alexia has just the background we need.  Bruce already knows the US operation well and, with his skills and experience, he is the ideal person to move into this wider role."

This is the first major appointment in GFM since Raynor became chief executive in June 2013.  Both Gottschalch and Ambler will continue to be based at GFM's Philadelphia office. 

Grosvenor formally established Grosvenor Fund Management (GFM) in 2005. GFM offers a range of sector and region-specific property investment vehicles which aim to deliver attractive, risk-adjusted returns and a high level of client service.