AMP Capital adds two to debt team

Changes continue apace at the fund manager, with new hires and a promotion at its infrastructure debt unit in London.

AMP Capital, which has seen a major shuffle of personnel in 2015, has announced two new additions in London to its infrastructure debt team, reported PDI sister title, Infrastructure Investor

Roopa Murthy has joined as a director from Credit Agricole’s energy and infrastructure team, where she spent 10 years structuring and arranging finance across international infrastructure transactions.

Meanwhile, Giles Gray joins as an associate having previously advised project finance deals in the renewable energy, social infrastructure and transport sectors as a member of the corporate finance infrastructure advisory team at PricewaterhouseCoopers UK.

Furthermore, Emma Haight-Cheng, who joined AMP’s London team as a director in March 2014, has been promoted to principal having helped build the European business over the last year.

“Interest in infrastructure debt continues to grow and we have a strong pipeline of investment opportunities,” said Andrew Jones, global head of infrastructure debt, in a statement. “The depth we now have in our London team means we are even better placed to capitalise on those opportunities for our clients.”

AMP Capital closed its Infrastructure Debt Fund II last year after raising almost $1.1 billion plus an additional $250 million in co-investment pledges.

The fund manager has seen a raft of changes recently as it seeks to internationalise its operations. Towards the end of last year, Scott Davies, formerly the Australia-based global head of infrastructure, left the firm. At the same time, Boe Pahari, previously head of infrastructure for Europe and the Americas, joined the firm’s leadership team and assumed responsibility for the Australian and Indian infrastructure equity teams.

Pahari was instrumental in the launch of AMP Capital’s Global Infrastructure Fund last October, which saw the conversion of an open-ended vehicle into a closed-ended one with an overall target size of $2 billion – comprising $1.25 billion of fresh commitments and a $750 million portfolio of seed assets.

The manager then saw a series of further changes in February this year, including the departure of Paul Foster, the former head of infrastructure for Australia and New Zealand.