The completion of specialist manager Gresham House’s acquisition of SUSI Partners, a Swiss-based global infrastructure investment manager, will establish an enlarged channel for institutional investment in the European energy transition, including at least two new strategies.
The deal, first announced last September, creates a €3.1 billion (US$3.63 billion) energy transition infrastructure platform, which ranks among Europe’s top ten largest in the segment.
The new entity – which combines Gresham House’s UK-led battery storage capabilities with SUSI’s mid-market equity and credit expertise – will manage assets worth €12.2 billion, also extending the former’s reach into continental Europe and Asia.
According to a statement, the enlarged platform strengthens the firm’s ability to provide, differentiated investment solutions that “aim to generate impactful financial and sustainability-linked returns for clients”.
The combined platform will offer a suite of equity, credit, co-investment and bespoke mandate solutions, enabling investors to access a wide range of opportunities across the global energy transition.
Over the next 12 months, the merged entity intends to launch a new global energy storage strategy, a new private credit infrastructure strategy, and an expansion of its Southeast Asia-focused energy transition strategy.
The unified Gresham House Energy Transition division will be led by Marco van Daele, previously CEO of SUSI Partners, with the remit to scale the platform internationally.
All existing SUSI strategies – including equity, credit, and the Southeast Asia-focused strategy – will remain under the leadership of their current portfolio managers. Gresham House Managing Director Ben Guest will continue to manage the Gresham House Energy Storage Fund, Europe’s largest listed fund strategy dedicated to investing in utility-scale battery energy storage systems.
“This transaction is a major milestone for Gresham House, reinforcing our leadership in the energy transition and significantly expanding our global capabilities,” said Tony Dalwood, CEO of Gresham House.
“Integrating SUSI Partners enables us to offer investors a broader suite of differentiated equity and credit solutions and accelerates our ability to channel capital into the technologies powering global decarbonisation. Most importantly, it will assist us in fulfilling our aim to deliver attractive, impactful returns for our clients.”
As well as energy transition, Gresham House is a specialist manager offering investments across natural capital, social impact and growth capital.
