Residential Secure Income plc

Significant knowledge of public service finances and reform and a strong background in public financial management and governance.

Presently Chief Executive of the Chartered Institute of Public Finance & Accountancy (CIPFA) and previously Chief Executive of UK Border Agency (UKBA), Improvement and Development Agency (IDeA), and London Borough of Barking and Dagenham. He previously held various positions in the London Borough of Lewisham from 1996-2005, latterly as Director of Resources and Deputy Chief Executive.

He has been a technical adviser to the board of the International Federation of Accountants (IFAC) in New York since 2013.

Rob was educated at the University of Essex where he gained a BA (Hons) in Economics and Government and is a qualified chartered public finance accountant (CPFA).

Extensive business experience, including experience in debt finance and capital markets.

Robert has held roles at J.P. Morgan, HSBC Markets Limited and HSBC Investment Bank in London working initially as Managing Director in Global Capital Markets and subsequently as Vice Chairman for Client Development. Robert was also Chairman, Debt Finance & Advisory at HSBC Bank plc. As Director and Chair of the Overseas Promotion Committee of TheCityUK Robert served as financial services sector adviser to the UK Minister for Trade & Investment.

He was Chairman of the International Primary Market Association and Vice Chairman and Chairman of the Regulatory Policy Committee of the International Capital Market Association.

Educated at Sherborne School and St. John’s College, Cambridge University where he gained a MA (Hons) in History.

Previously the Chief Executive of Hyde Group, the G15 Housing Association with over 50,000 properties providing housing to 100,000 residents, a position she held for five years until 2019. During this time Elaine oversaw the establishment of a five-year development pipeline of 11,000 homes and the launch of several innovative partnerships with housebuilders, contractors, local authorities and other housing associations. Elaine also previously worked in the construction and government services sectors; and worked for some years at Serco.

Elaine is involved in the government’s Building Safety Programme, including as a member of the Industry Safety Standards Steering Group.

Elaine was educated at Southampton University, where she gained a civil engineering degree and holds an MBA from Imperial College London.

David is an experienced leader in both executive and non-executive roles. He has over 30 years’ experience in Chief Executive roles, most recently at the National Housing Federation. He is Chair of Clarion Housing Association, is a previous President of Housing Europe and previous Chair of Reall, an international development housing charity. He is also chair of The Good Home Inquiry, co-chair of #Housing 2030, a joint project for Housing Europe and UNECE, and a member of the Archbishop of Canterbury’s Housing, Church and Community Commission. David frequently speaks on the challenge of optimistic leadership and the critical importance of governance. He has wide ranging media experience, is a well-regarded commentator and blogger and has extensive expertise navigating the world of politics and government. In June 2018 David was awarded a CBE.

Gillian brings to ReSI Homes over 30 years of housing and housing finance expertise, with a focus on policy development within the framework of regulatory standards.

She served as the Non-Executive Director for The Housing Finance Corporation from 2006 – 2012, where she was heavily involved in business strategy, financial policy and governance. This overlapped with her role as the Head of Private Finance at the former social housing regulator, the Homes & Communities Agency, where for 13 years she was responsible for relationships with lenders, investors, advisers, and credit rating agencies operating in the social housing sector. She has also been an authority on all aspects of social housing finance policy, including advising government departments, focusing on areas of regulatory standards, and being responsible for social housing sector guidance on treasury management.

Sandeep joined Gresham House in December 2022 and leads the finance function for the Housing strategy, encompassing the full suite of financial reporting and analysis.

Sandeep has over 15 years of senior finance experience spanning financial control, valuations, product control and finance business partnering, to board and executive committee level, playing an active role in the delivery of strategic objectives.

During 10 years on the sell-side, Sandeep led and worked in teams which realised significant income opportunities and cost savings. In five years on the buy-side, Sandeep led a finance team implementing a finance operating model to facilitate the scale of a listed commercial real estate investment trust from IPO to a £1.2 bn market capitalisation.

Sandeep is a Fellow Member of Association of Chartered Certified Accountants.

Ben Fry is the Fund Manager for Residential Secure Income plc and Gresham House Residential Secure Income LP and Managing Director of the two Registered Providers of Social Housing within these funds, ReSI Homes Limited and ReSI Housing Limited.

Ben has worked at Gresham House for 12 years, including via TradeRisks which was acquired by Gresham House in March 2020. Prior to setting up Residential Secure Income in 2017, Ben led TradeRisks’ debt advisory services for housing associations, local authorities, and specialist residential accommodation.

Ben has 18 years of experience in housing, local government and infrastructure and qualified as a chartered accountant with Deloitte. He holds a BSc in Mathematics from Imperial College London.

Pete joined Gresham House in March 2020, following the acquisition of TradeRisks. He is responsible for due diligence on residential acquisitions and operational performance by ReSI’s property managers and leaseholders. Pete joined TradeRisks Ltd in 2013 and has 46 years’ experience in residential portfolio management.

He has built a strong reputation in the housing sector on topics like the market dynamics and development economics. He has been an advisor to the Greater London Authority, the Scottish Government, and was a member of the team that won the Wolfson Economics Prize in 2014 on housing supply.

Pete was Chief Executive of Notting Hill Housing Group and Chief Officer at two London Boroughs.

Pete studied Engineering then Philosophy at the University of Cambridge, is an Alumni of the London Business School, and is an Honorary Fellow of the Royal Institute of British Architects.

Mark is the Executive Director of ReSI Housing and ReSI Homes. He joined Gresham House in March 2020 following the acquisition of TradeRisks. Before joining ReSI Housing, Mark spent 12 years as a Chief Executive of Circle Housing Group, a 65,000-unit housing association, before merging it into the Clarion Group, the largest housing association in the UK. Prior to that, Mark held Chief Executive roles at Anglia Housing Group and Nene Housing Society. He has 38 years’ social housing experience and has been a member of the Chartered Institute of Housing since 1986.

Ben Fry is the Fund Manager for Residential Secure Income plc and Gresham House Residential Secure Income LP and Managing Director of the two Registered Providers of Social Housing within these funds, ReSI Homes Limited and ReSI Housing Limited.

Ben has worked at Gresham House for 12 years, including via TradeRisks which was acquired by Gresham House in March 2020. Prior to setting up Residential Secure Income in 2017, Ben led TradeRisks’ debt advisory services for housing associations, local authorities, and specialist residential accommodation.

Ben has 18 years of experience in housing, local government and infrastructure and qualified as a chartered accountant with Deloitte. He holds a BSc in Mathematics from Imperial College London.

Pete joined Gresham House in March 2020, following the acquisition of TradeRisks. He is responsible for due diligence on residential acquisitions and operational performance by ReSI’s property managers and leaseholders. Pete joined TradeRisks Ltd in 2013 and has 46 years’ experience in residential portfolio management.

He has built a strong reputation in the housing sector on topics like the market dynamics and development economics. He has been an advisor to the Greater London Authority, the Scottish Government, and was a member of the team that won the Wolfson Economics Prize in 2014 on housing supply.

Pete was Chief Executive of Notting Hill Housing Group and Chief Officer at two London Boroughs.

Pete studied Engineering then Philosophy at the University of Cambridge, is an Alumni of the London Business School, and is an Honorary Fellow of the Royal Institute of British Architects.

Mark is the Executive Director of ReSI Housing and ReSI Homes. He joined Gresham House in March 2020 following the acquisition of TradeRisks. Before joining ReSI Housing, Mark spent 12 years as a Chief Executive of Circle Housing Group, a 65,000-unit housing association, before merging it into the Clarion Group, the largest housing association in the UK. Prior to that, Mark held Chief Executive roles at Anglia Housing Group and Nene Housing Society. He has 38 years’ social housing experience and has been a member of the Chartered Institute of Housing since 1986.

Mike joined Gresham House in February 2023.

Mike co-founded MedicX Group in 2005 and grew it to become one of the leading UK healthcare investors with over £1.5bn under management when it was sold to Octopus Capital in 2014. Mike then became CEO of Octopus Healthcare before becoming Chairman in 2018. In 2019 he led the £2.5bn all share merger between MedicX Fund and Primary Health Properties.

Mike is a qualified chartered surveyor, holds a BSc in Land Management from the University of Reading and has over 30 years of experience in real estate investment and fund management.

Mike is also the Chairman of Shoreline Partners, a specialist asset manager in the healthcare sector.

Burak joined Gresham House in February 2023.

Burak has nearly two decades of experience in the residential investment sector, both as a principal and advisor. During his career, he has completed over £1.5bn worth of investment transactions in wide ranging residential asset classes with particular focus in affordable housing. Burak was responsible for Assettrust Housing Limited’s corporate finance activities in the mid-2000s and instrumental in deploying circa £250mn investment capital in affordable housing assets without using public subsidy. Burak spent over eight years in the advisory sector with director level roles held at JLL and Avison Young before co-founding Crescom Partners Ltd. in 2021.

Burak holds a BSc in Statistics, and a MSc in Investment and Finance. Latterly, he earned his MBA from Warwick Business School in 2015.

Joe is a Director of Investment, focused primarily on sourcing and executing new investments for the Housing team. Prior to joining Gresham House, Joe worked for Lloyds Banking Group in their structured finance team, primarily supporting UK companies with the structuring and execution of secured capital markets transactions across the UK Real Assets space. At Lloyds, Joe was involved in a number of securitisations transactions as well as working within the corporate restructuring and private equity investment teams. Joe holds a BA (Hons) and MA from Durham University and is a CFA charter holder.

Ben Fry is the Fund Manager for Residential Secure Income plc and Gresham House Residential Secure Income LP and Managing Director of the two Registered Providers of Social Housing within these funds, ReSI Homes Limited and ReSI Housing Limited.

Ben has worked at Gresham House for 12 years, including via TradeRisks which was acquired by Gresham House in March 2020. Prior to setting up Residential Secure Income in 2017, Ben led TradeRisks’ debt advisory services for housing associations, local authorities, and specialist residential accommodation.

Ben has 18 years of experience in housing, local government and infrastructure and qualified as a chartered accountant with Deloitte. He holds a BSc in Mathematics from Imperial College London.

Sandeep joined Gresham House in December 2022 and leads the finance function for the Housing strategy, encompassing the full suite of financial reporting and analysis.

Sandeep has over 15 years of senior finance experience spanning financial control, valuations, product control and finance business partnering, to board and executive committee level, playing an active role in the delivery of strategic objectives.

During 10 years on the sell-side, Sandeep led and worked in teams which realised significant income opportunities and cost savings. In five years on the buy-side, Sandeep led a finance team implementing a finance operating model to facilitate the scale of a listed commercial real estate investment trust from IPO to a £1.2 bn market capitalisation.

Sandeep is a Fellow Member of Association of Chartered Certified Accountants.

Mike joined Gresham House in February 2023.

Mike co-founded MedicX Group in 2005 and grew it to become one of the leading UK healthcare investors with over £1.5bn under management when it was sold to Octopus Capital in 2014. Mike then became CEO of Octopus Healthcare before becoming Chairman in 2018. In 2019 he led the £2.5bn all share merger between MedicX Fund and Primary Health Properties.

Mike is a qualified chartered surveyor, holds a BSc in Land Management from the University of Reading and has over 30 years of experience in real estate investment and fund management.

Mike is also the Chairman of Shoreline Partners, a specialist asset manager in the healthcare sector.

Chris joined Gresham House in August 2023 and is responsible for all aspects of property and asset management for the Group’s UK Housing portfolio.

Most recently Head of Real Estate Strategy and Chief Investment Officer at LifeX Aps, a modern residential operator and technology platform, he was formerly Managing Director and Head of UK at Oxford Properties Group from 2011 to 2019, leading a team responsible for £3 billion of UK assets.

Chris has over 30 years of experience in the real estate industry.

Claire joined Gresham House in November 2023 as Director of Shared Ownership Operations.

Claire has worked in affordable homeownership for 14 years, mainly in G15 housing associations, with specialisms including shared ownership and section 106 developments.

She has a wealth of experience in managing large, shared ownership, and leasehold portfolios, with a particular focus on new builds, third-party management contracts, complaints, and service changes. Claire is well versed in Landlord and Tenant Law, Case Law and the RICS service charge code.

Claire holds a BA in English Literature, is a member of the Property Institute, and is an Associate Member of RICS working towards her APC.

Alasdair joined Gresham House in July 2021 and is an Investment Manager, Housing.

Prior to joining, Alasdair spent three and a half years in EY’s Audit department, where he worked with a range of FTSE 250 listed clients.

Alasdair is an ACA qualified chartered accountant and holds a first-class honours degree in Physics from the University of Bristol.

Pete joined Gresham House in March 2020, following the acquisition of TradeRisks. He is responsible for due diligence on residential acquisitions and operational performance by ReSI’s property managers and leaseholders. Pete joined TradeRisks Ltd in 2013 and has 46 years’ experience in residential portfolio management.

He has built a strong reputation in the housing sector on topics like the market dynamics and development economics. He has been an advisor to the Greater London Authority, the Scottish Government, and was a member of the team that won the Wolfson Economics Prize in 2014 on housing supply.

Pete was Chief Executive of Notting Hill Housing Group and Chief Officer at two London Boroughs.

Pete studied Engineering then Philosophy at the University of Cambridge, is an Alumni of the London Business School, and is an Honorary Fellow of the Royal Institute of British Architects.

Rupert has been the Managing Director of Gresham House Asset Management Ltd since September 2015. He is a member of the Group Management and Investment Committees.

Rupert has a proven track record of delivering significant value to shareholders and has over 32 years’ experience in asset management, private banking and wealth management, focusing on product innovation, investment management, business development, banking and wealth structuring.

Before joining Gresham House, Rupert was CEO and CIO of Schroders (UK) Private Bank for 11 years, and spent 17 years at Rothschild, where latterly he was Head of Private Clients for Rothschild Asset Management.

Mark is the Executive Director of ReSI Housing and ReSI Homes. He joined Gresham House in March 2020 following the acquisition of TradeRisks. Before joining ReSI Housing, Mark spent 12 years as a Chief Executive of Circle Housing Group, a 65,000-unit housing association, before merging it into the Clarion Group, the largest housing association in the UK. Prior to that, Mark held Chief Executive roles at Anglia Housing Group and Nene Housing Society. He has 38 years’ social housing experience and has been a member of the Chartered Institute of Housing since 1986.

Joe is a Director of Investment, focused primarily on sourcing and executing new investments for the Housing team. Prior to joining Gresham House, Joe worked for Lloyds Banking Group in their structured finance team, primarily supporting UK companies with the structuring and execution of secured capital markets transactions across the UK Real Assets space. At Lloyds, Joe was involved in a number of securitisations transactions as well as working within the corporate restructuring and private equity investment teams. Joe holds a BA (Hons) and MA from Durham University and is a CFA charter holder.

Michael Woodman is Director of Structuring, Housing at Gresham House following the acquisition of  TradeRisks in March 2020.

Michael had been legal counsel at TradeRisks since 2012 and joined with experience in debt capital markets from an international law firm, having advised clients on a range of capital markets and banking transactions. Michael works closely with client managers and has been responsible for structuring, legal and settlement elements on all financing transactions arranged by TradeRisks. For ReSI Capital Management Limited, Michael has worked closely with the origination team, ensuring deployment of funds, and the investment management team, tasked with borrowing against fund assets in accordance with the investment objective.

Michael is a dual-qualified solicitor active in corporate finance since 2005 and holds an LLB (Hons) from University College London.