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The asset management division of Swiss investment bank UBS has named Joe Azelby as the new head of its $100 billion real estate and private markets business. Azelby will report to Ulrich Koerner, president of UBS Asset Management, according to a statement from the company. He brings with him an almost two-decade track record of [โ€ฆ]
The new appointees are joining the Australian fund manager from the Port Authority of New York and New Jersey, CalSTRS, Enbridge and Veolia.
Erik Saviโ€™s exit is accelerating the combination of infrastructure and real estate debt into a single platform, a plan that was already in the works.
Jennifer Wu, who joins from BlackRock as the new head of sustainable investing at the bankโ€™s asset management business, will also oversee the Sustainable Investment Leadership Team.
Marsha Beck starts immediately in the newly-created role, with AMP Capitalโ€™s strong performance in 2018 offsetting a torrid year for the fund managerโ€™s parent group.
QICโ€™s Melannie Pyzik will join Argo Infrastructure Partners this month in a new Sydney-based role with a remit to focus on local investor relations.
The fund manager has tapped Martin Gebauer, a CEO of one of its portfolio companies, to head its new Central and Eastern European business.
Direct investment
The Australian firmโ€™s head of infrastructure equity for the Americas, Dylan Foo, will lead the new initiative while continuing in his current role.
A former analyst in the managerโ€™s European infra team is bringing charges against the firm and one of its European executive directors.
Jonathan Ordโ€™s arrival from the UKโ€™s Local Pension Partnership and GLIL Infrastructure marks Legal & Generalโ€™s attempt to catalyse its equity capabilities.
Actis has made Barry Lynch a partner at its London headquarters as the emerging market specialist investor continues to raise its inaugural infrastructure fund. Lynch will continue to help Actis provide operational improvements to the firmโ€™s portfolio of clean energy and power projects spread throughout Latin America, Africa and Southeast Asia, according to a source [โ€ฆ]
Macquarie offices
Macquarie Infrastructure and Real Assets has lured Brenden Woods away from his investor relations role at Stonepeak Infrastructure Partners to fill a similar position for the Australian fund manager, according to two sources familiar with the matter. Woods left his job in December as head of investor relations at Stonepeak, a New York-based firm focusing [โ€ฆ]
The establishment of the new unit is Greencoatโ€™s first move beyond wind and solar investments.
His new role will allow him to focus on issues such as climate change and developing infrastructure in emerging markets, Kim told colleagues in an email.
Mike Westonโ€™s exit comes shortly after PIPโ€™s flagship Multi-Strategy Infrastructure Fund became almost fully invested.
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