London, 24 August 2021 – Alderwood Capital (“Alderwood”), the London-based fund manager, has appointed David Townsend to the role of Head of Investor Relations, further strengthening its rapidly growing team.
In this newly created role, Townsend will lead the investor relations function. His responsibilities will encompass sourcing and securing capital for Alderwood’s investment capability through to developing enduring partnerships with distribution partners and institutional asset owners and their consultants.
Townsend brings over 28 years’ experience in institutional investor relations, marketing and sales to the role. He joins after four years at First Eagle Invesment Management where he was Senior Vice President and Head of EMEA Institutional. Before this, he spent nine years at Martin Currie Investment Management, where he was Head of EMEA and Global Consultant Relations.
Founded in 2020, Alderwood seeks to provide equity capital to specialist boutique active managers through investment in GP (General Partner) stakes.
Jon Little, Managing Partner of Alderwood Capital, said: David brings years of experience in specialised investor relations roles that will play a crucial part in working with our strategic partners and developing relationships with prospective investors. His extensive knowledge and relationships in the industry will make David an invaluable asset to the business and we are delighted to have him on board.
Townsend’s appointment is effective immediately and he will be based in Alderwood’s London office in Covent Garden.
The news follows the recent announcement of the appointments of Olive Darragh and Neil Cochrane as Independent Chairs of the firm and the fund respectively.