Gresham's history dates to the commodity trading activities of Mocatta Metals Corporation and other trading companies established over the past 40 years. Gresham's predecessor businesses, together with Gresham, have been managing diversified commodity portfolios since 1976.

As early adopters of the theories of Harry Markowitz and William F. Sharpe, Gresham’s original founders recognized to effectively disperse risk, investors need to widen their investment scope beyond equities and bonds to incorporate other asset classes. As commodity specialists, they understood that commodities add strategic diversification to investment portfolios with financial assets. Because there were no investable diversified commodity products available at that time, the founding team developed the Tangible Asset Program in 1986, with trading beginning in 1987.

Gresham began offering commodity investments to unaffiliated investors in 2005. In 2016, Gresham offered absolute return strategies, followed by asset allocation offerings in 2017.

In 2011, Nuveen Investments purchased a majority interest in Gresham. Nuveen was in turn purchased by TIAA in 2014. As of April 1, 2026, Gresham is once again an independent company, following the closing of our management buy-out transaction on March 31, 2026. We believe this change in ownership, whereby the ~80% ownership in Gresham previously held by Nuveen Consolidated has been redeemed and reissued to Gresham’s senior management and investment/research personnel, creates unprecedented alignment among Gresham’s investors and employees.