Crux Asset Management has hired Ashley Dale as an international sales director as the fund boutique looks to extend its reach outside the UK market.
Dale joins from Cadogan Capital, a consultancy and capital raising business he co-founded in July last year, and will report to Crux CEO Karen Zachary.
Zachary said Crux had become a well-established fund boutique and is now looking to expand its international footprint.
“We look forward to welcoming Ashley, who brings huge experience and expert knowledge, as we commence this exciting next phase of growth.”
Before launching his own business Dale spent four years at Harvest Global Investments, first as its chief business development and marketing officer in Hong Kong and and then moving to the UK to become CEO in 2019. He has also held senior sales roles at Mirae Asset Management, alternatives investor CLSA UK and was a partner and portfolio manager at litigation finance firm GLS Capital Partners.
Dale added: “With the market headwinds we have faced in recent years starting to dissipate, there will be a huge opportunity to expand our reach into new markets. Crux is well positioned, with a trusted brand and well-followed fund offering. I believe there will be significant appetite from a more international investor base.”
Crux is home to Richard Pease’s £1bn European Special Situations and £218.9m European funds, as well as Richard Penny’s UK Special Situations fund and the UK Core fund, run by Jamie Ward.
Last year it yanked the funds from authorised corporate director Fundrock Partners, awarding the £1.9bn mandate to Thesis Unit Trust Management.
