Australian wholesale infrastructure investment house Gardior has added to its board, as it seeks to expand its portfolio of Australian and international infrastructure.
The company said it had appointed Australian Catholic Schools and Retirement Fund representative, Ian Gillings, replacing ACSRF chief executive, Greg Cantor.
The company is the trustee of the $1.7 billion The Infrastructure Fund (TIF) managed by Hastings Funds Management and over the past 12 months has secured six new investors and claims to have “dry powder” of almost $300 million for TIF looking for the right investments.
Gillings is a former investment banker and has more than three decades of domestic and international experience in infrastructure finance and advisory across a range of projects in Australia, Asia, the Middle East and USA.
Commenting on the appointment, Gardior Chairman, Bob Lette said the company was positioned for further growth.
“Ian’s appointment comes at a time where the Board continues to concentrate on creating a diversified portfolio of established, quality infrastructure assets that provide consistent returns. As part of this we are continually evaluating new infrastructure investment opportunities, both here in Australia and overseas,” he said.
