Russell Investments expands Private Markets team
London, 24 March 2022 — Global investment solutions provider Russell Investments today announced the appointment of Gavin Anderson as Director, Private Markets. Based in London, Anderson will report to Chris Davies, Head of UK Distribution.
In this new role, Anderson will be responsible for developing Russell Investments' private markets business for wealth managers, private banks and family offices. He will leverage the firm's deep expertise in the underlying asset classes, working closely with the Investment and Product divisions to create bespoke solutions designed around investors' requirements and needs.
Anderson will work closely with Michael Steingold, Investment Director, Private Markets, who relocated to London earlier this year after spending time in Russell Investments' Tokyo and Seattle offices. Steingold has over 10 years' experience in private markets research and portfolio management.
Anderson joins Russell Investments from Scottish-based family office Chroma Ventures where he held the position of Investment Director. Previously, he was an Investment Manager at one of UK's most active mid-market private equity firms. He has over 10 years' investment industry expertise, with a focus on alternatives and private investments at asset managers, investment banks and 'Big Four' accounting firms' deal advisory groups.
With over five decades of experience in private markets, Russell Investments further strengthened its capabilities last year by forging a strategic partnership with private markets specialist Hamilton Lane. Russell Investments' private markets business has experienced significant momentum in recent years in line with increased client demand. In partnership with Mediobanca Private Banking, the firm has developed private markets programmes providing Italian investors access to Private Equity, Private Debt, Real Assets and Venture Capital through a wide range of strategies across geographies.
Commenting on the appointment, Chris Davies, Head of UK Distribution at Russell Investments, said:
"We are seeing increased demand for private market assets in sophisticated investors' portfolios, particularly from wealth managers, family offices and private banks. Russell Investments' private markets business has seen strong growth and Gavin's extensive knowledge in this sector will enable us to consolidate and expand our client reach while developing new solutions to meet investor demand."
Gavin Anderson, Director, Private Markets, added:
"With its longstanding heritage, scale and deep private markets capabilities Russell Investments can offer institutional-grade private markets solutions on a bespoke basis. I look forward to joining my colleagues during this exciting inflection point for private markets and collaborating in the development of new industry-defining solutions."
About Russell Investments
Russell Investments is a leading global investment solutions firm with £251.6 billion in assets under management (as of 31/12/2021) for clients in 32 countries. The firm provides a wide range of investment capabilities to institutional investors, financial intermediaries and individual investors around the world. Building on an 85-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve people's financial security. Headquartered in Seattle, Washington, Russell Investments has offices in 18 cities around the world, including in London, New York, Tokyo and Shanghai. For more information, please visit www.russellinvestments.com.
Issued by Russell Investments Limited (registered number 02086230), Russell Investments Implementation Services Limited (registered number 03049880) (together "Russell Investments") are incorporated in England and Wales, with their registered offices at Rex House, 10 Regent Street, London SW1Y 4PE, United Kingdom. Russell Investments Limited and Russell Investments Implementation Services Limited are authorised and regulated in the United Kingdom by the Financial Conduct Authority and entered on the FCA register under numbers 122282 and 415353, respectively. The contact address of the FCA is 12 Endeavour Square, London E20 1JN.