John Laing Capital Management's David Marshall to retire

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John Laing Capital Management's David Marshall to retire

David Marshall, Investment Adviser to John Laing Infrastructure Fund (JLIF) , has decided to retire and will therefore be leaving John Laing with effect from 1 July 2015.

As one of two investment advisers to the fund Mr. Mrshall is responsible for all matters concerned with JLIF including capital raising, acquisitions and strategic planning. Previously within John Laing, he was Chairman of the Investment Committee that reviewed all primary bidding activity, Head of Corporate Finance covering acquisitions, disposals and refinancings, and Head of Risk for the Group.

David  Marshall joined John Laing in 2000 as Group Treasurer, and was instrumental in the major corporate transactions that transformed the group from a construction contractor and housebuilder to a leading PFI/PPP player.

Prior to this, he was Group Treasurer of Commercial Union/ General Accident plc (now Aviva plc) & Caradon plc (became Novar plc).

Paul  Lester,  Chairman  of  JLIF, stated:

"We wish to thank David sincerely for his significant contribution to the success of the company. David has been involved in leading the management of JLIF since its formation in 2010, alongside Andrew Charlesworth. Much of the success of the company has resulted from David's conscientious and professional approach and we wish him well in his retirement. We look forward to continue working with Andrew  Charlesworth and the team at John Laing dedicated to JLIF."

David  Marshall  commented:

"It has been a pleasure to have been involved with JLIF since its inception and to have seen it grow to over £1 billion in just over 4 years, and I leave JLIF well placed going forwards. I wish Andrew and the rest of the team well for the future."

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