Fresh from a successful bid to overturn a wind-up order of the investment trust formerly known as Gresham House Strategic, Rockwood Strategic has unveiled a five-strong investment advisory group (IAG).
Fund manager Richard Staveley (pictured) has turned to a couple of familiar faces, with Majedie Asset Management co-founder Adam Parker and former fund manager Yuri Khodjamirian taking a seat at the table. Khodjamirian is currently co-founder of Mountain Pass Capital, while Parker holds a non-executive position at Berkeley Energia.
Staveley worked at Majedie between November 2013 and January 2019, joining Gresham House in September 2019. His subsequent departure in May 2021 and re-emergence at Harwood Capital in December very much set the ball rolling for the trust’s stay of execution.
In an RNS announcement, the company confirmed it had changed its name from Rockwood Realisation and appointed an IAG with collective investment experience of more than 150 years.
Staveley said the company is “delighted that such high calibre and respected individuals have agreed to join the IAG”.
“We expect the benefits of their insights, intelligence and small companies investing experience to be hugely beneficial when the team is assessing potential ‘core’ investments.”
Joining Parker and Khodjamirian on the IAG is Harwood Capital chief executive and principal shareholder Christopher Mills, who brings more than 45 years’ investment experience to the table. He co-founded JO Hambro Capital Management in 1993 with Jamie Hambro, later teaming up with Alan Durant in 2013 to set up Harwood Wealth.
He is currently chief executive of North Atlantic Smaller Companies Investment Trust, which he has managed since 1982.
Rounding out the IAG are Jamie Brooke, formerly lead fund manager of the Hanover Catalyst Fund, and Rupert Dyson, founder of Edale Capital.
