Acuitus director Jo Seth-Smith is leaving to join specialist investment management firm OLIM Property
She is set to become an investment manager with OLIM on May 9 after being with commercial auction house Acuitus since it was established in 2010.
Acuitus chairman Richard Auterac said: “Jo’s contribution to our business has been major, and in the past two years she has also become an accomplished auctioneer.
“We are, of course, sad to see her leave but are pleased that she is joining one of our long-standing clients. Our team has doubled in size since Acuitus was founded and we will be looking at further strategic appointments,” he said.
Matthew Oakeshott, OLIM Property chairman, said: “We know Jo well from five years’ active buying and selling at auction, and welcome her to help our portfolios perform and our business grow.” OLIM Property manages £650 million for pension funds, investment trusts and Oxford Colleges, specialising in long index-linked leases.
Before joining Acuitus, Seth-Smith was at LaSalle Investment Management and JLL, and was responsible for advising on disposal strategies and acting for clients including funds, corporate occupiers, property companies and high net-worth investors.
In 2004, she became the first woman to win the RICS Matrics Young Auctioneer of the Year, and was subsequently nominated for the Women of the Future 2009 Award.
Commenting on her new role, Seth-Smith said: “I very much look forward to joining the OLIM Property team, and am relishing the new challenge. My experience in the private treaty and auction market for the past 13 years has been invaluable, and I am sure I will continue to be involved in the auction sector”.
