The termination comes after Foo’s former co-head of infra, long-time staffer Geoff Strong, left the firm late last year.
Michael Hill, who was also the head of CPP Investment’s New York office, will succeed Annesley Wallace when he begins the role in September.
New York skyline
The new hire is the first at the partner-level for the credit team since its chair, Jennifer Powers, and co-founder, Reiner Boehning, left the firm in March 2022.
The former CEO of Enel tell us he sees strong investment opportunities in flexibility assets, digitising the grid, as well as in renewables.
Women of Influence in infrastructure
The women in the infrastructure category of our annual Women of Influence in Private Markets list include some of the leading voices within sustainability and the energy transition.
(L-R) Jennifer Powers and Reiner Boehning, ECP
Jennifer Powers and Reiner Boehning are investing $2.5bn for ECP’s climate credit strategy – which they sourced independently in the year since departing GIP.
Gautam Bhandari tells us his new role ‘formalises something I’ve been doing for quite some time’ as fellow co-founder Adil Rahmathulla prepares to depart in June 2024.
Lawrence has been replaced internally by James Bryce, who previously led the portfolio value creation group at the Canadian pension.
Moon, who is not believed to have a position lined up, was part of the group that left Morgan Stanley in 2012 to form I Squared Capital.
Wallace took up the global head of infrastructure role in 2021 and has filled various roles at the Canadian pension since 2012.
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