LGIM adds two professionals to private credit business

The hires form part of the firm’s plans to grow its credit business by diversifying its client base and generating synergies across asset classes.

Legal & General Investment Management has added two senior staff to its private credit business as part of its plans to grow the platform across infrastructure, property and corporate credit.

Amie Stow has been appointed to LGIM as a private credit product specialist. She previously worked at Fidelity International as an investment director in European fixed income and high yield and was responsible for $18.5 billion of assets across institutional, wholesale and retail.

Stow’s role at LGIM has been newly created to support the private credit platform as it diversifies its accounts in both segregated and pooled formats. She will report to Katherine Laurenson, director of Legal & LGIM real assets solutions.

Commenting on the appointment, Laurenson said: “Amie’s appointment is integral to the ambitious growth plans of the Private Credit Business. She will be instrumental in educating our client base, supporting the sales team with her specialist knowledge and working with investment and product development teams to secure new commitments.”

Sarah Aitken joins LGIM Real Assets as an infrastructure asset manager. She has 20 years of experience in portfolio management and previously spent a decade at Lloyds Bank Group as a director of portfolio management for infrastructure and energy.

Aitken will report to LGIM’s head of infrastructure, Tom Sumpster and will lead asset management within the infrastructure business including the monitoring and management of investment assets.

LGIM said its infrastructure business has grown over the past year with additional hires and invested more than £1.5 billion into projects in the UK, Europe, USA and Australia, as well as expanding its origination capabilities into the infrastructure equity space.