Downing hires TISA chairman Stenning as head of liquid alts
Downing, the parent company of Downing Crowd, has appointed Tony Stenning, former chief executive of Atlantic House Group, as its head of liquid alternatives.
Stenning, who previously spent 17 years at BlackRock, most recently as managing director of its UK retail business, will focus on supporting the overall growth of Downing. While he was at BlackRock, Stenning oversaw assets under management growth from $17bn to $150bn. Stenning is also chairman of financial services membership body The Investing and Saving Alliance (TISA).
The investment manager has also hired Huw Price from Santander Asset Management as the head of alternatives structuring. Price was an executive director at the bank responsible for transformation and strategic change.
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“I am thrilled to be joining Downing at this exciting time of growth for the firm. Downing has built an impressive platform and reputation over the last decade for spotting opportunities and designing products that truly meet investor needs,” Stenning said. “I look forward to working with Huw and the team here to help the firm expand and offer additional opportunities to our investor base.”
Kostas Manolis, head of private market investments at Downing, added: “We are delighted to welcome Tony and Huw to the firm. Tony’s significant public markets experience and his deep knowledge and creativity make him the ideal person to bolster Downing’s strategic growth, complemented well by Huw’s significant expertise. We look forward to the valuable contribution both will bring as we continue to expand our capabilities in line with client demand.”
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