Gresham sets-up energy arm

UK mid-market firm Gresham has created a dedicated energy and environmental team to be headed up by partners Andy Marsh and Christian Bruning.

In a statement the firm said that the number of energy companies in the UK “with an international reach and this global outlook is one of the key attractions for Gresham”.

High energy prices and technological advances are opening up previously unreachable oil and gas supplies, and the firm believes that UK companies are well placed and possess enough expertise to take advantage.

Marsh said: “We want to increase our level of investment in companies that benefit from the structural and technological changes currently being experienced in the sector. We are particularly attracted to firms that have an exposure to sub-sea oil and gas production.”