According to the announcement, Grayson will oversee the firm’s marketing and sales efforts to the financial intermediary and institutional channels, and will expand the firm’s distribution relationships with national and regional brokerage firms, independent financial advisors, and registered investment advisors. He will also target retirement plan sponsors, consultants, foundations, endowments and the pension fund community.
He joins ACR from Wilmington Trust, where he was Director of External Distribution for the firm’s asset management division which oversaw $35 billion in assets under management. He was responsible for relationship management, sales and product distribution for the Wilmington Funds and SMA strategies.
Previously, he was SVP and National Sales Manager for Gabelli Asset Management where he directed the distribution activities of the $11 billion mutual fund complex. He has also held sales executive positions at Delaware Investments, Bankers Trust, and OppenheimerFunds, according to the announcement.
ACR is a division of Alpine Investment Management, LLC, an asset management firm whose mission is to protect and maximize their clients’ purchasing power through excellence in fundamental valuation and advice. More information is available at http://www.acr-invest.com.