(ShareCast News) - Gresham House announced the appointment of Kevin Acton as its new finance director on Tuesday, taking up the post on 6 June.The AIM-traded specialist asset manager said 38-year-old Acton was joining Gresham House from Oaktree Capital Management, where he was senior vice president responsible for finance and operations in the European Principal team covering three private equity and two debt opportunity funds, with combined assets under management of €5.5bn.Prior to Oaktree, Acton was director, group reporting and valuations for 3i Group. He qualified as a chartered accountant with Deloitte in 2004."I am pleased to welcome Kevin to Gresham House. He has significant experience in both asset management and private equity, which will be of great benefit to us as we implement the next stage of our plan to develop and grow Gresham House as a specialist asset manager," said CEO Anthony Dalwood."Kevin's appointment is another important milestone after what has been a transformational year for Gresham House. I look forward to working with him as we continue to target superior long term investment returns from differentiated and illiquid alternative investment strategies."