Downing LLP has appointed Tony Stenning and Huw Price as head of liquid alternatives and head of alternatives structuring, respectively.
Stenning has rejoined the finance industry after leaving his role of CEO at Atlantic House Group last year, a decision he had planned since he took on the role in 2020. Before Atlantic House, Stenning spent 17 years at Blackrock beginning in 1999, when assets under management grew from $17bn to $150bn within the company.
“I am thrilled to be joining Downing at this exciting time of growth for the firm,” Stenning said.
“Downing has built an impressive platform and reputation over the last decade for spotting opportunities and designing products that truly meet investor needs. I look forward to working with Huw and the team here to help the firm expand and offer additional opportunities to our investor base.”
Price, who most recently served as an executive director of Santander Asset Management, holds over 30 years of experience within the industry. His specialisations include risk, derivatives, and alternative investment techniques.
Kostas Manolis, head of private market investments, said: “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.”
Downing currently manages £1.9bn in assets and has practiced for over 35 years. In April of this year, Downing added a multi-asset fund-of-funds range to its business for UK advisers.