Specialist alternative asset management business Gresham House plc has bought Residential Capital Management (RCM) and its parent TradeRisks. Under the terms of the acquisition, RCM will continue as the alternative investment fund manager of Residential Secure Income (ReSI), with the day-to-day operations and strategic direction remaining unchanged under the team. ReSI invests in affordable shared ownership, retirement and local authority housing. Gresham, which is listed on…
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