AMP Capital makes double hire for infrastructure teams

AMP Capital makes double hire for infrastructure teams

Sydney-headquartered asset manager AMP Capital has appointed Niamh McBreen as an investment director to its infrastructure equity asset management team, based in London whilst Stasha Prnjatovic will take up the newly-created role of investment director, energy within the infrastructure equity team in Sydney.

This double hire comes after the addition of two portfolio managers-analysts to AMP Capital’s London-based global listed infrastructure and property teams in June 2017.

McBreen, who joined AMP Capital at the start of July, is part of the team that is responsible for asset management across AMP Capital’s European infrastructure assets and will report to David Rees, AMP Capital head of Asset Management for Europe.

She previously worked at UK Government Investments (UKGI) where she was executive director working on several portfolio assets including Network Rail, Highways England, NATS and Companies House.

As for Prnjatovic, she will oversee the sourcing, onboarding and asset management of Australian and New Zealand energy infrastructure assets on behalf of AMP Capital’s investors. She will report to Michael Cummings, AMP Capital head of Australia and New Zealand Infrastructure Equity Funds.

Prnjatovic will on 17 July 2017 from New South Wales Treasury where she was most recently commercial director.

AMP Capital global head of Infrastructure Equity Boe Pahari said: “I’m delighted to announce these two senior appointments to our Infrastructure Equity team in London and Sydney. It reflects a business that is going from strength to strength after the successful US$2.4bn close of our global infrastructure platform at the end of last year and our deepening infrastructure investment capabilities in the energy sector.

“Niamh brings a wealth of asset management experience, particularly across the transport and energy sectors, and is a valuable addition to AMP Capital’s European asset management team. She has a proven track record driving business growth and deep expertise across multiple operations functions including strategy, finance and business development. Asset management is critical to the overall value we deliver to our investors and our focus remains on growing and enhancing our assets.

“Stasha’s appointment follows the recent acquisition of a major stake in Endeavour Energy on behalf of long-term client REST as part of the Advance Energy consortium, and she will be invaluable when it comes to our existing energy investments such as Powerco NZ and Evergen. Stasha’s extensive experience and in-depth understanding of the energy sector means she is well-credentialed to lead the management of AMP Capital’s energy assets for the benefit of our investors.”

AMP Capital had some A$165bn (€109.9bn) in assets under management as at 31 December 2016.