Grosvenor appoints Ashleigh Simpson to lead its North American structured development finance program

Grosvenor has hired Ashleigh Simpson as senior vice president, co-investment.

Based in Washington, D.C., he will lead the company’s structured development finance (SDF) program, which supplements Grosvenor’s core urban property development and investment activities in North America by providing capital to leading residential developers in its chosen markets.

With more than 26 years of experience in acquisitions, asset management, joint ventures and fundraising activities, Simpson joins Grosvenor from MetLife Investment Management, where he was vice president of Northeast acquisitions and joint ventures, leading equity investment strategy.

Grosvenor established the SDF Program to help address the structural shortage in supply of quality urban infill housing in gateway cities in the United States and Canada. Since 2000, the SDF business has acted as a capital provider to 78 residential development projects with more than 8,500 residential units. Lending more