Hastings rebrands int’l business as Vantage Infrastructure

Hastings rebrands int’l business as Vantage Infrastructure

Hastings Funds Management, recently acquired by London-based Northill Capital LLP, is rebranding its international business as Vantage Infrastructure, as of today. 

The entity now known as Vantage Infrastructure describes itself as an independent global debt and equity infrastructure investment specialist with offices in London, New York and Singapore, staffed by a team of 26. It manages more than $3bn in a diversified portfolio of infrastructure assets located throughout Europe, North America and Australia, on behalf of institutional investors.

Northill agreed to acquire the international business of Hastings last year, in a deal announced on 20 December. However, senior members of the Vantage Infrastructure management team own what the company says is “a material equity stake” in it as well.

In a statement announcing the re-branding, Northill said it was “committed to investing over the long term to support and further develop Vantage Infrastructure’s capabilities”.

It said Vantage Infrastructure will retain its operational independence, while members of Northill will join the Vantage Infrastructure board.

Northill acquired Hastings FM from Australia’s Westpac Banking Corporation after an earlier attempt by Westpac to sell the subsidiary to Charter Hall Group failed to go through.

Valeria Rosati, a senior partner in Vantage Infrastructure (UK) (pictured left)  said the company’s new identity, along with Northill’s engagement, “reflects our business moving forward as an independent firm, where our proven investment process is maintained, and our commitment to ensuring long-term successful outcomes for our clients remains our primary priority”.

With its head office located in London’s Mayfair district, Northill Capital is an independent, privately- held asset management business, established in 2010, with substantial financial backing from interests associated with the Bertarelli family.