AMP Capital expands its infrastructure equity team
                                    
                                                                                                                                                        
                            AMP Capital has expanded its infrastructure equity team, by hiring Phillip Pacey as a principal.
The fund manager said he would join the asset management team within AMP Capital's global infrastructure platform, which had assets across transport, energy communications and utilities. He would report to AMP Capital's head of asset management, David Rees, in Europe.
Pacey had over 20 years of board level experience in transport and infrastructure.
Rees said: "Phil's extensive experience, which includes infrastructure management expertise across operations and finance, makes him a valuable addition to AMP Capitals' global infrastructure equity team".
He was most recently an independent consultant with ESVAGT, a leading provider of emergency response rescue services in the offshore oil and gas industry in Denmark and Norway. ESVAGT were 50 per cent owned by AMP Capital.
Prior to that he held senior finance and operational positions at Virgin Rail, Metronet Rail and GNER, and in the Go-Ahead airport services and car parking businesses, prior to their disposal, Pacey not only had experience managing teams, but worked in sales acquisitions and transactions, rail franchise bidding, and was involved in business development and operation review work in Europe and North America.
He would be based in London in his current role.
Recommended for you
Financial advisers have expressed concern about the impact including private market exposure is having on their tracking error budget, according to MSCI.
State Street will restrict its membership of global climate alliance Net Zero Asset Managers after the organisation dropped its flagship 2050 goals amid ESG backlash from the US.
Betashares has launched a global shares and a global infrastructure ETF as part of the firm’s strategic expansion strategy to support financial advisers in building more diversified portfolios.
Global asset manager Janus Henderson could be acquired after receiving a non-binding acquisition proposal jointly from a private investment firm and venture capital firm.
							
						
							
						
							
						
							
						
