Six team members are set to join ex-AMP Capital executive Julie-Anne Mizzi at Plenary Group, as the latter seeks to take over the fund she once lead.
Ex-State Street Global Adviser senior executive Shawn Johnson will lead AMP Capital through the demerger and public listing of its private markets business.
The industry veteran will lead a new capital formation team at Quinbrook, having previously served as managing director at BlackRock.
Julie-Anne Mizzi is moving to Plenary as it seeks to take over AMP Capital’s Community Infrastructure Fund, which she led before leaving the firm.
An independent review of the bid is underway as the firm works through key leadership changes to its global infrastructure equity team.
The hirings, including former French cabinet minister Nathalie Kosciusko-Morizet, could lead to a fund launch later this year.
A CEO for the new unit is being sought, as parent AMP Ltd says the demerger and ASX listing would ‘unlock further value’ in AMP Capital’s infra and real estate businesses.
Jim Barry, who previously helmed the unit in addition to being global CIO at BlackRock Alternative Investors, will now focus on the latter role.
The world's largest infrastructure manager has hired two executives for the New York-based team and intends eventually to raise third-party capital.
Yesterday’s announcement marks the first step in a three-month conversation over what will be included in the plan’s final version.