QIC, one of Australia's largest institutional investment managers, has appointed Vittorio Lacagnina as Director to lead its capital formation efforts in infrastructure across North America and Europe.

Lacagnina, who will be based in a newly-established office in New York,  has over 15 years of experience in principal investments, real assets and investment banking.

He joins QIC from SteelRiver Infrastructure Partners, where he was an Investment Director with responsibility for global fundraising and co-investment.

Previously, Lacagnina was a Senior Originator at Babcock & Brown where he led infrastructure co-investment in North America before becoming involved in a management buyout that led to the formation of SteelRiver.

He began his career in the Investment Banking Division of Goldman Sachs and acquired relevant expertise within the Americas and Europe.

Brian Delaney, Head of Global Clients and Marketing said that

Vittorio's appointment reflects our upbeat outlook for infrastructure investing. An increasing number of governments around the world are encouraging private sector infrastructure investment and Australia is poised for an estimated A$135 billion wave of energy and transport infrastructure privatisations over the next three to five years.

Institutional investors are thinking beyond traditional listed assets and expressing growing interest in global infrastructure. Vittorio will be pivotal to deepening our US and European relationships and driving our business development efforts.