Gresham House's BSIF expands financial investment group

• Gresham House's British Strategic Investment Fund (BSIF) is increasing its investment team with a new hire.

Peter Bachmann signed up with Ben Guest as well as Ed Simpson as a fund supervisor earlier this month. Bachmann as well as Simpson are to be responsible for driving day-to-day BSIF procedures and also Guest is to oversee the strategy.

Bachmann has practically 20 years of experience in public as well as private equity financial investment and also joins Gresham from European venture capital company Scottish Equity Partners, where he handled the Environmental Capital Fund.

Prior to this, Bachmann co-founded financier as well as designer of renewable energy and waste-to-energy assets, the Environmental Infrastructure Development Company.

Gresham House's BSIF has already made numerous financial investments in renewable resource, upright farming, waste recycling and also crucial employee lodging.

It intends to buy sustainable UK framework and housing, concentrating on smaller sized mid-market investments in local and also regional projects.

"Gresham's commitment to liable investment and building a market leading platform in sustainability infrastructure investment makes this an amazing time to be signing up with BSIF," Bachmann said.

Tom Dalwood, CEO of Gresham House and also BSIF Investment Committee member, said Bachmann "exemplifies the passion" of the BSIF, adding he will help it sustain "purposefully important properties for the UK each time when investment in infrastructure is substantially required".

Earlier today Gresham House Energy Storage Fund announced the purchase of a 41MW power storage space property, paying ₤ 20.1 million to Arenko for the possession.