AMP Capital expands into North America

16 August 2010
| By Mike Taylor |

AMP Capital Investors has moved to expand its presence in North America, announcing today that it has opened an office in New York.

AMP Capital managing director Stephen Dunne made clear the move was related to the company’s pursuit of global mandates.

“Increasingly clients are seeking to award global mandates, and with a strong presence already in Asia Pacific and Europe, AMP Capital is taking the opportunity to expand into North America,” he said.

Dunne said AMP Capital was one of the most experienced global infrastructure investment managers, and that the private infrastructure investment market in North America was starting to open up.

“So there has been no better time to grow our global infrastructure capability,” he said.

At the same time as announcing the expansion into North America, AMP Capital announced the recruitment from Access Capital Advisers of head of infrastructure Americas, Thomas Majewski, senior vice president infrastructure, Farhad Billimoria and vice presidents Damien McDonald and Digby Beaumont.

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