Social and Sustainable Capital (SASC), an award winning UK fund manager and social enterprise, has expanded its management team with the appointment of Nick Moran as its Chief Operating Officer.
Nick brings to SASC over 25 years’ experience gained with alternative investment fund managers. He was previously a partner at Helford Capital Partners, a systematic hedge fund manager and regulatory hosting platform provider, which he joined in 2013.
Prior to that Nick held senior management roles at leading fund of hedge fund managers, FRM and Schroders NewFinance Capital. He was formerly a co-founder and COO of Buchanan Partners, the pioneering quantitative equity long/short hedge fund manager. Nick is also a Chartered Accountant and has a BSc honours degree in Economics from the London School of Economics.
In his new role, Nick is responsible for overseeing the day-to-day administrative and operational functions of SASC reporting to Managing Director, Ben Rick. Together with the rest of the management team, Nick will play a key role in the growth of SASC’s business.
Nick joins SASC at a pivotal and exciting time in the firm’s development. SASC recently received investment from Zamo Capital I LP (“Zamo”), Europe’s only specialist investor in impact investment firms, to scale its activities quickly, grow the team and its capabilities and accelerate the fundraising for its award-winning Social and Sustainable Capital Housing (SASH) fund, launched in 2019.
Commenting on his appointment Nick says, “I am delighted to join SASC as Chief Operating Officer and looking forward to using my experience to support the firm’s growth and development.”
“I have been extremely impressed with the high calibre of the SASC team, Board and Investment Committee, and the rigorous processes in place. SASC is an ambitious company with the opportunity for significant growth and I am excited to be joining at this time.”
He adds, “The recent launch of SASC’s innovative and award-winning housing fund, Social and Sustainable Housing, has attracted a great deal of interest from a wide range of investors. It offers compelling risk adjusted returns whilst addressing critical social housing issues. There is an exciting opportunity to grow the fund, and as a result SASC’s business as a whole.”
Ben Rick, Co-Founder and Managing Director of SASC said, “We are delighted to welcome Nick to SASC. His diverse experience of managing alternative investment firms at the most senior level will be a real asset to us as we accelerate our growth and fund raising.”