Infracapital, a private equity firm specializing in mid-market, acquisitions and investments in unlisted equity positions, has appointed Andy Matthews to lead its greenfield infrastructure investment unit.
Mr. Matthews joins from 3i Gruop Plc's infrastructure team. Prior to join 3i Plc's infrastructure team he was working as managing director and chief investment officer at Barclays Infrastructure Funds from 2001 to 2013 when 3i acquired the firm.
Mr. Matthews has also worked as a vice president at Financial Security Assurance from 2001 to 1998 and as commercial director at Alfred McAlpine Construction Limited from 1983 to 1988.
In February this year Infracapital expanded its transaction team with the appointment of Peter Mitchev and Guy Hacking. Mitchev joined as an associate and Hacking joined as an associate director.
Infracapital is the infrastructure equity investment team of M&G Investments, the asset management arm of Prudential Plc. The Infracapital team manages over £1.6 billion of funds under management, focused on investment in core infrastructure assets across Europe. The team is based in London.
The firm specializes in making investments in infrastructure sector such as utilities with a focus on water, gas, metering, Independent power producers and energy traders, and electricity (transmission, distribution and storage); renewable with a focus on wind and solar; transportation with a focus on ports, airports, toll roads, bridges, and other essential transport operations; and social infrastructure classes.