Platform boutique Dolfin has continued its hire spree with the appointment of a former Credit Suisse heavyweight as head of investment management.
In the newly created role, Richard Gray will be responsible for leading the firm’s investment team and strengthening its capabilities to meet the needs of clients.
The appointment comes after the firm hired former Hay Hill Wealth Management CEO Nick McCall as head of wealth management in September.
Gray (pictured) joins the business from ACPI, where he was co-head of institutional wealth management. Prior to that, was head of the special situations team and co-head of the multi-asset group at Credit Suisse.
He previously worked as an investment analyst at both Credit Suisse and UBS, managing the utilities research franchise at the former and co-leading the latter’s utilities equity as well as software & services research teams.
That was after a stint as a portfolio manager at Threadneedle Investment Managers, where he headed a £500 million equity fund investing in UK small and mid-cap growth companies.
Gray said: ‘I’m excited to be joining Dolfin where I see a rare opportunity to harness the firm’s qualitative analysis together with its quantitative technology to create a truly modern investment process.
Dolfin chief executive Denis Nagy emphasised that the hire was intended to bolster the firm’s investment capabilities as it expands from its original platform-centred offering.
‘Richard’s breadth of experience across the gamut of market conditions, his pragmatic focus on offering compelling investment products, and his track record of leadership, make him highly valuable to our clients and I’m delighted to welcome him to the team,’ he said.
Last month the boutique also hired former Hassium Asset Management chief investment officer Simon Black as a senior wealth manager.