People Moves Report H1 2020
EMEA
Introduction
As you well know, our asset class is showing its strength and Confidence and hiring across the equity teams has remained does suggest placement agent business will be getting harder depth in these current volatile market conditions. robust with activity at the Associate and Vice President levels with each vintage - a few have been moving over! leaving Citi, Morgan Stanley and Rothschild some 14 heads The investor groups we serve continue to grow and diversify with short. We shall also publish our annual diversity and compensation Core teams launching Core+ products, and indeed vice versa. reports later in the year so make sure you are signed up for those. Some others are considering and have made moves into Credit, Both John Laing and iCon have also been active these past few Any questions, please be in touch. Technology and Emerging Markets products also. months, and no doubt Ben Loomes’ recent arrival as CEO at the former will herald a few more positive changes. Against this backdrop this biannual report covering January to June this year seeks to share visibility of the human capital flows In Credit, many banks and fund teams have been subject to a across European infrastructure investment platforms. freeze however Allianz GI, Edmond de Rothschild, MetLife, BNP DANIEL MUIR Paribas and MUFG have added selectively - we highlight an Practice Leader, EMEA Aligned with those franchise growth strategies we have seen impact related appointment we were pleased to run in the some interesting promotions and succession planning take market. place, notably at First State Investments. Our congratulations to M: +44 (0) 7946 920 582 each of those highlighted here and the team at One Search look The build out within Investor Relations continues apace with E: [email protected] forward to supporting you further as we enter the 2021 hiring Oaktree, EQT and IFM adding to their teams at both senior and cycle. junior levels. This continued growth from last years record levels
People Moves Report - EMEA, H1 2020 | Cover Note pg. 2 Highlighted Senior Promotions
Company Name Previous Role Promoted To Location
Jordan Cott Senior Investment Director Partner
Juergen Heeg Principal Senior Principal
European Head of Global Head of Niall Mills Infrastructure Infrastructure
“It’s an exciting time to be taking on this role, our Infrastructure funds are performing well for our Clients and the sector as a whole is really proving its mettle in these challenging times. We remain focussed on delivering our promise to our Clients, with a long term strategy and deeply embedded ESG practices from the bottom up.
Our business has always been run with a collaborative senior management team. This won’t change and we will be continuing to grow our teams in London, Sydney and NY. Adding new team members who fit our culture, add original thought and diversity is a priority. We have learnt to be patient and to work closely with our specialist recruitment partners and candidates over a long period of time. The One Search team has supported us for over a decade on this journey. Building a great team isn’t easy, but it is worth the e ort. Niall Mills Thank you to our investment partners, advisors and lenders who have all been working tirelessly throughout the pandemic. We look forward to seeing everyone in person when we can all travel again.”
People Moves Report - EMEA, H1 2020 | Highlighted Promotions pg. 3 Highlighted Senior Promotions
Company Name Previous Role Promoted To Location
Tobias Kung Director Managing Director
Gebhard Littich Vice President Director
Marc-Alexander Straubinger Vice President Director
Maks Dadej Senior Vice President Managing Director
Juan Miguel Custodio Senior Vice President Managing Director
Head of Global Andrea Echberg Co-Head Infrastructure & Real Assets
People Moves Report - EMEA, H1 2020 | Highlighted Promotions pg. 4 Equity, Senior Career Moves 87% Male 13% Female
Name Leaving Joining Title Location
Ben Loomes InfraRed Capital John Laing Chief Executive O icer
Managing Director & Head of Daniel Graf von der Schulenburg 3i Ardian Infrastructure
Caisse de dépôt et placement du Alejandro López Delgado OMERS Infrastructure Senior Director, Infrastructure Québec (CDPQ)
Roberta Battaglia Antin Infrastructure Partners CDP Equity Head of Infrastructure
Davide Manunta Citi CDP Equity Responsible Settore Energy
Copenhagen Infrastructure Nicholas Blach Petersen Citi Partner Partners
Rajit Dass CBRE CORESTATE Capital Group Executive Director
Saket Trivedi Evercore Partners Cube Infrastructure Managers Managing Director
Marcel Beverungen Rothschild DIF Director
Frederic Michel-Verdier IFM Investors Fair Market Value Capital Partners Founding Partner & Chief Executive O icer
Ruwantha Vidanaarachchi Gingko Tree Investment Limited Fair Market Value Capital Partners Partner
Charles Roast Hillbrook Partners LLP Global Infrastructure Partners Principal
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 5 Equity, Senior Career Moves (cont.)
Name Leaving Joining Title Location
Fabian Leonhardt Augusta & Co Ltd Green Investment Partners Partner
Luke Bugeja OMERS Hermes Operating Partner
Augustine Schneider-Maunoury Bain & Company InfraVia Capital Partners Asset Management Director
Pauline Fiastre BNP Paribas Asset Management InfraVia Capital Partners Director, Financing
Jasper Kienhuis DC Advisory John Laing Group Head of Divestments
Thomas G. Engelmann Allianz Global Investors KGAL Head of Energy Transition
Emanuele Bena J.P. Morgan NREP Partner
Markus Wandt Maryland GmbH Pollination Partner
Managing Director, Energy Richard Braakenburg Pivot Power SUSI Partners AG Storage
Universities Superannuation Georgina Dellacha Infracapital, M&G Investments Senior Asset Manager Scheme (Ltd)
Roy Kelly Kerogen Capital Victoria Oil & Gas Chief Executive O icer
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 6 Equity, Mid-Level Career Moves 80% Male 20% Female
Name Leaving Joining Title Location
Manager, Annuity Asset James Clegg TradeRisks Ltd Aviva Origination
James Thelwell Greater Manchester Pension Fund Border to Coast Pensions Portfolio Manager, Alternatives Partnership
Laurentiu Prodan Macquarie Group Cube Infrastructure Managers Investment Manager
Kevin Cunningham Imagile Infrastructure Management Ltd Dalmore Capital Limited Associate Director
Nils Plaine Barclays First State Investments Senior Executive
Hardip Syan Freshfields Bruckhaus Deringer JP Morgan Asset Management Vice President, Fund Execution
Hardip Syan - Commentary get the right balance between investor returns and the end user experience. Why was this opportunity of interest to you? Has it always been a career aspiration to transition into a fund opportunity? I come from a Magic Circle law firm where I specialised as an energy and infrastructure lawyer. I have advised a wide range of clients on transactions including many infrastructure funds. I have always wanted to be more involved on the Yes, I have always wanted to deepen my understanding of the commercial side of transactions and how businesses work. commercial side of transactions and learn about the day-to-day realities of how large businesses operate. This opportunity As a lawyer you get a great overview of the technical details and learn how to execute projects, but you do not always get is unique because it will allow me to develop both my legal and commercial skills. to see the full commercial side of a deal and how assets are managed thereafter.
Why was this fund of interest to you? How did you find the process?
The fund is not typical of other infrastructure funds in the market. This fund has a long-term and sustainable outlook The process was relatively lengthy but really informative and detailed. The team are very personable, and you get the towards its assets. The management team are fully aware of the value of energy and infrastructure assets for the opportunity to meet with all of them, ensuring a well-rounded process and greater buy-in from both sides. While this takes communities that rely on those resources. That value is not simply monetary and the management team work tirelessly to time, it is worthwhile because you get a great insight into the work the team does.
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 7 Equity, Mid-Level Career Moves (cont.)
Name Leaving Joining Title Location
Christian Berg ATP Industriens Pension Infrastructure
Alexandre Van Meeuwen Brookfield AM KKR & Co. Inc. Principal
Societe Generale Corporate and Manager, Commercial Sacha Perelroizen Maple Power Ltd Investment Banking (SGCIB) Development
Anne-Laure Messier Total Eren Mirova Investment Director
Vice President, Infrastructure, Power & Ruben Ramalho Brookfield Asset Management Mubadala Utilities
Yi Huang 3i Group plc Palladio Partners Investment Professional Infrastructure
Rosalind Smith-Maxwell Fieldstone Private Capital Group Ltd Quinbrook Infrastructure Partners Vice President
Domenico Paglia Rothschild & Co Tikehau Capital Private Equity Vice President
Juan José García-Pozuelo Citi White Summit Capital Vice President Sánchez
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 8 Equity, Early Career Moves 79% Male 21% Female
Name Leaving Joining Title Location
Giovanni Sparagna BNP Paribas CIB 3i Group Associate
Abu Dhabi Investment Authority Senior Associate Infrastructure Jacob Potma APG Asset Management (ADIA) Investments
Agere Energy & Infrastructure Alberto Valor Suárez Ferrovial Airports Analyst Partners
Daniel Hammond Mazars Amber Infrastructure Asset Manager
Shaun Allan Astarte Capital Partners LLP Amber Infrastructure Limited Originator, Associate
Karolis Kucinskas Hillbrook Partners Ancala Partners Infrastructure Private Equity
Philip Kurukgy PIMCO Apollo Global Management LLC Portfolio Specialist
Víctor Sada Malumbres Rothschild & Co Arcus Infrastructure Partners LLP Investment Executive
Societe Generale Corporate and Infrastructure Private Equity Pedro Estevez AustralianSuper Investment Banking (SGCIB) Investments
Monica Gomez-Acebo Citi Basalt Infrastructure Partners Associate
Investment Associate, Strategic Antonio Garcia Maldonado JP Morgan Bill & Melinda Gates Foundation Investment Fund
M&A, Investment and BD Team, Wafy Boubaker Capricorn Capital Partners UK ContourGlobal Energy and Power
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 9 Equity, Early Career Moves (cont.)
Name Leaving Joining Title Location
Copenhagen Infrastructure Ruud Schreijer Amsterdam Capital Partners Asset Manager Partners
Colin Walls Stonepeak Infrastructure Partners Denham Capital Management Investment Associate
Prashant Santchurn Rothschild & Co DIF Capital Partners Associate
Justin Vallis HSBC DWS Group Infrastructure Investment Analyst
Pelayo Canosa Dóriga Citi DWS Group Associate
Frederico Carvalho Pereira Alantra EDP Renewables M&A and Investments Associate
Jorge Ferre Vilches Morgan Stanley EQT Associate
Max Seely Citi EQT Group Associate
Martine Kruseman Macquarie Group First State Investments Investment Executive
James Flint Ørsted Forsa Energy Senior Investment Analyst
Santander Corporate & Investment Jaime Fernandez-Cuervo Gingko Tree Investment Ltd Senior Associate Banking
Dylan Patel KPMG UK Glennmont Partners Associate
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 10 Equity, Early Career Moves (cont.)
Name Leaving Joining Title Location
Ben Luke Hillbrook Partners Global Infrastructure Partners Senior Associate
Bobby Sandhu Hillbrook Partners Global Infrastructure Partners Senior Associate
Luis Arauna Martinez Helmsmen Hillwood Analyst
Agnes Tuza Bank of America Merrill Lynch iCON Infrastructure Investment Professional
Jaime Perez-Maura UBS iCON Infrastructure Investment Professional
Maximilian Seipelt Deutsche Bank iCON Infrastructure Associate
Aymeric Lubino Deutsche Bank IFM Investors Investment Analyst
Luigi Dipietro Deutsche Bank Infracapital Investment Associate
Valentina Di Venuta Macquarie Group INVESTCORP Associate, Private Equity
Riley O'Connor Deloitte Australia John Laing Valuations Analyst
Darya Anishchanka Bank of America Merrill Lynch KKR Real Estate Private Equity
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 11 Equity, Early Career Moves (cont.)
Name Leaving Joining Title Location
Gonzalo Castineira Finsolutia Lapithus Management LLP Portfolio Management Analyst
Léa Raïssa Bitoo UBS Lone Star Funds Investment Professional
Tom Cowley Earth Capital UK Low Carbon Investment Manager
Macquarie Infrastructure and Real Marta Busetti Credit Suisse Analyst Asset (MIRA)
Senior Investment Analyst, Liam Pantling Balfour Beatty Investments Marubeni Europower Renewable Energy
Hannes Ring Cube Infrastructure Managers Meridiam Associate
Greg Krause TradeRisks Ltd Moor Park Capital Partners LLP Investment Associate
Vera Groener Encavis AG Pacifico Energy Partners Asset Manager
Thomas Thoft Jensen EY PensionDanmark Senior Analyst
Harriet Rae Foresight Group Pioneer Point Partners Investor Relations Manager
Patrick Popp Morgan Stanley Starwood Capital Group Investment Analyst
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 12 Equity, Early Career Moves (cont.)
Name Leaving Joining Title Location
Fernando Lumbreras Alantra Stoneweg Bridge Lending Analyst
Dimitris Gravanis Equitix Ltd SUSI Partners AG Investment Associate
Porfolio Manager Private Equity Beatriz Santana JPMorgan Chase & Co. Swiss Life Asset Managers Infrastructure
Ludovica Rizzi Morgan Stanley The Blackstone Group Tactical Opportunities, Analyst
Sebastian Evertse Nomura Three Hills Capital Partners Associate
Fabian Holzweber Morgan Stanley TPG Associate
People Moves Report - EMEA, H1 2020 | Moves to Equity pg. 13 Credit, Senior Career Moves 61% Male 39% Female
Name Leaving Joining Title Location
Marco Striewe DekaBank Deutsche Girozentrale Aquila Capital Management Senior Manager Project Finance
Head of Structured Capital Markets Trusha Pillay The Bank of Tokyo-Mitsubishi UFJ, Ltd BNP Paribas CIB (Energy, Resources and Infrastructure)
Head of Corporate Lending, Cornelie Goedhuis ILX Fynd CIBC Continental Europe
Tara Patel KfW-Ipex CIBC Director
Samantha Shepherd MetLife DIF Capital Partners Senior Director
Gurjit Orjela HSBC Edmond de Rothschild Senior Investment Director
Rodney Bysh Cording Real Estate Group Edmond de Rothschild Head of BD REIM
Rohini Pahwa RBS Investec Director Sales & Syndication
Claus Müller Crédit Agricole CIB Landesbank Baden-Württemberg Debt Market Real Assets
Jamie Clark Scotiabank MetLife Associate Director
People Moves Report - EMEA, H1 2020 | Moves to Credit pg. 14 Credit, Senior Career Moves (cont.)
Name Leaving Joining Title Location
Associate Director, European Giulia Noli Fitch Ratings MetLife Investment Management Infrastructure and Project Finance
David Chui CIC OCBC Originator, Project Finance
Global Head of Private Debt Javier Rodríguez de Colmenares IDB Invest Santander Mobilization
Senior Investment Manager, Florian de Chaisemartin Aviva Investors Santander Asset Management Infrastructure Debt
Director Specialised and Project Ioana Bozan Barclays Santander UK Finance
Stéphane Rainard Ostrum Asset Management Swiss Life Asset Managers Head of Infrastructure Debt
Samer Jumean Cranmore Synergy Consulting, Inc. Partner
James Hoskins Heathrow Westpac Infrastructure & Utilities Team
People Moves Report - EMEA, H1 2020 | Moves to Credit pg. 15 Credit, Mid-level Career Moves 100% Male
Name Leaving Joining Title Location
Ricardo Caviliotti JP Morgan AGI Vice President
Jan Richter NORD/LB Berenberg Vice President
Sentooran Sanmugarajah KPMG BNP Paribas CIB Infrastructure Finance Associate
Senthuran Sathyanandha HCF CACIB Manager
Silvano T. Rossi Bank of Tokyo-Mitsubishi UFJ J.P. Morgan Vice President
Robert Oblozinsky Goldman Sachs Kommunal Kredit Vice President Sales & Syndications
Associate Director, Project Syed Afzal Allied Irish Bank Landesbank Baden-Wurttemberg Finance
Senior Investment Manager, Michael Wieser UniCredit MEAG Infrastructure Debt
Vice President, Power & Tim Prüssing Department for Business, Energy and MUFG Industrial Strategy for U.K Government Renewables
Javier García Hernández de Alba Bankia MUFG Vice President, Power & Renewables
Vice President, Portfolio Mark Owen Hughes Aviva Investors MUFG Management, Infrastructure
People Moves Report - EMEA, H1 2020 | Moves to Credit pg. 16 Credit, Mid-level Career Moves (cont.)
Name Leaving Joining Title Location
Senior Analyst, Credit Jared Thomas Centrus Westpac Institutional Bank Restructuring
Vice President, Infrastructure & Rishi Mistry Commonwealth Bank Woori Bank Energy EMEA
People Moves Report - EMEA, H1 2020 | Moves to Credit pg. 17 Credit, Early Career Moves 70% Male 30% Female
Name Leaving Joining Title Location
Adriano Sobrini Moody's Investors Service AGI Analyst
Chris Huang RBS AGI Associate
Fernando Sobrini Nomura AGI Associate
Luis Casanas Satocan Akereos Analyst
Associate, European Ahmad Yousef RBS Assured Guaranty Infrastructure Finance
Analyst, Energy, Resources and Fara Babaev Moody's Investors Service BNP Paribas CIB Infrastructure
Kim Chan Fan Wong AGI CDC Associate
Sequoia Investment Management Emma Martucci DIF Capital Partners Associate Company Ltd
Marius Ignisca Ignișca Gheorghe-Marius PFA Fitch Ratings Quant Analyst
Habib Salihijo Ahmad Deutsche Bank Goldman Sachs Associate
Robyn Olsen EY Gravis Analyst
People Moves Report - EMEA, H1 2020 | Moves to Credit pg. 18 Credit, Early Career Moves (cont.)
Name Leaving Joining Title Location
Societe Generale Corporate and International Finance Corporation Investment Analyst, Hugo Drawin Investment Banking (SGCIB) (IFC) Manufacturing & Services
Floriane Naud KPMG Corporate Finance LLC KDB Analyst
Kyle Fraser-Allen Wellington Management MetLife Investment Management Private Capital Credit Analyst
Associate Analyst, Utilities and Giulia Calcabrini We Work Moody's Investor Service Infrastructure
Associate Analyst, Infrastructure Michael Fanelli KPMG Corporate Finance LLC Moody's Investor Service and Project Finance
Oliver Brown Moody's Investors Service Pension Insurance Corporation Credit Research Analyst
Benjamin Collet H3P Financial Advisory Rivage Investment SAS Infrastructure Debt Origination
Bastien Delabre Kommunalkredit Austria AG Santander Asset Management Infrastructure Debt Origination
Associate, Power and Shalini Pal ING SMBC Infrastructure Advisory
People Moves Report - EMEA, H1 2020 | Moves to Credit pg. 19 Hiring Spotlight, Impact Fund
Ricardo Cavilliotti Vice President, Impact Investments Why was this opportunity of interest to you?
I liked this opportunity for several reasons. In the first place, I was attracted by AllianzGI’s reputation in the asset management industry. Secondly, I was particularly interested in the Impact Investment scope of the role. Finally, during the interviewing process I not only confirmed that there is a very professional and experienced team in the Alternatives Investments Group, but also that the Impact Investments Team would be an extremely good fit for me and a great opportunity for my career.
Why was this fund of interest to you? Hiring Manager: Martin Ewald, Managing Director I liked three aspects of the fund: (i) the impact scope, (ii) multi-asset investment strategy, (iii) growth potential of the Candidate Impact Investment Strategy. Commentary and Client Has it always been a career aspiration to transition into a fund opportunity? Allianz Global Investors announced the launch of the Allianz Impact Investment Fund (AIIF), its first multi asset private market impact fund, in 2019. The fund aims to leverage I wouldn’t say it has always been my aspiration. However, having the potential of the rapidly expanding impact investing sector, worth 502bn USD spent several years on the sell side covering di erent sectors in globally, by putting institutional investor capital to work in projects which generate the credit space, I was ready to transition to an investment role measurable, positive impact, investing across equity and debt opportunities in sectors which would give me the opportunity to develop new skills, such as energy e iciency, sustainable land use and agriculture. AllianzGI manages whilst at the same time utilising my previous banking experience. around EUR 6bn of impact investments, with a long track record in sustainable investing and ESG research. How did you find the process? It was an extensive and intense process which included multiple “As more investors look to allocate capital with the intention of achieving a defined and stages. I was able to meet the majority of the Impact Investments measurable result rather than just a financial one, the impact sector looks set to and Infrastructure Debt teams, which was very helpful to experience continued growth.” Martin Ewald, Lead Portfolio Manager Impact understand the culture and work environment. Overall, I found Investments. The team were looking for an experienced individual to carry out debt the process well organized and e icient. transactions, supporting the e orts of the team in originating and executing Impact investment opportunities, with a Pan-European focus.
People Moves Report - EMEA, H1 2020 | Moves to Credit pg. 20 Investor Relations, Senior Career Moves 56% Male 44% Female
Name Leaving Joining Title Location
Robin Kooyman RBC Brookfield Renewables Senior Vice President
Head of Client Partner Group, Nicholas Hyde IFM KKR Australia & New Zealand
Legal & General Investment Shuen Chan Sustineri Head of ESG Management (LGIM)
Michel-Andre Volle HSBC Meridiam Global Head
Head of Germany & Austria, Lars Koenig Schroders Oaktree Marketing & Client Relations
Head of Nordics & Netherlands, Tomi Langstrom PineBridge Investments Oaktree BD
Caroline Picot Credit Suisse Oaktree Head of France, BD
Sandra Cafazzo PIMCO RobecoSAM Head of Sales
Daniel Zinic Park Hill Group Stonepeak Managing Director
Lukas van Berkestijn RobecoSAM SUSI partners Managing Director
People Moves Report - EMEA, H1 2020 | Moves to IR pg. 21 Investor Relations, Mid-level Career Moves 75% Male 25% Female
Name Leaving Joining Title Location
Maurizio Gabbai Brookfield AM AGC Equity Partners Vice President
Constance Joy Argos Wyatt Andera Partners Director
Gerard-Jan van Berckel Aon IFM Sales Director
James Hewitt Blackrock NextEnergy Capital Vice President
People Moves Report - EMEA, H1 2020 | Moves to IR pg. 22 Investor Relations, Early Career Moves 18% Male 82% Female
Name Leaving Joining Title Location
Neha Saxena Rede Partners Actis Associate
Meredith Frost Thames Water Amber infra Associate
Chloe Wai BlueBay Asset Management BlackRock Associate
Jessuca Buo Amundi EQT Group Associate
Josefin Ohman Capstone Partners EQT Group Manager
Rosie Kyne PwC ESO Capital Analyst
Robert Woolley Impax Asset Management Foresight Associate
SehChan Kim Samsung SRA Asset Management IFM Associate
Freya Tian The Carlyle Group Permira Associate
Kayte Hodgson Partners Group Swiss Life Asset Managers Associate
Daria Litvinova Idinvest Partners Vauban Infrastructure Partners Senior Associate
People Moves Report - EMEA, H1 2020 | Moves to IR pg. 23 Contact
LIAM DUNNE NAMEESHA SHARMA LONDON Principal, Private Equity Principal, Credit
South Terrace, Nova South M: +44 (0) 7741 650 786 M: +44 07964 369 196 9th Floor, 160 Victoria Street E: [email protected] E: [email protected] London SW1E 5LB
T: + 44 (0) 20 3907 1450 E: [email protected]
JACK ATKINS HARRY BUSS AM Specialist Power and Renewables Specialist
M: +44 (0) 7817 742 542 M: +44 (0) 7964 370 449 E: [email protected] E: [email protected]
HENRY PEPPERELL ISABEL RUIZ HALTER IR Specialist Real Estate Specialist
M: +44 07817 755 544 M: +44 (0) 7554 664 215 E: [email protected] E: [email protected]