PHILADELPHIA-Forging ahead with plans to grow both internationally and domestically Grosvenor Fund Management has created the new role of Global Head of Capital Markets, and filled it with Alexia Gottschalch.
Gottschalch has been CEO of Grosvenor's Philadelphia-based U.S. operation and will remain on its board. In her new role leading a capital fund raising team, she reports directly to Grosvenor's global CEO James Raynor.
Gottschalch will be recruiting executives to increase the capacity of the existing capital markets team.
Bruce Ambler, who has been COO for the U.S. operation, moves up to CEO. 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," said Raynor. "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 Raynor's first major appointment since he became the chief executive last June. Gottschalch and Ambler will continue to be based in the Philadelphia office.
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