Romain Py has been appointed as Head of Transactions at African Infrastructure Investment Managers (AIIM), the joint venture between Macquarie and Old Mutual.

Romain Py told us:

After a busy year with my own consultancy, I have decided to get more active within the African infrastructure space and joined African Infrastructure Investment Managers as Head of Transactions. AIIM has a successful track record of managing African infrastructure funds since 2000 with over USD 1bn AUM across 5 funds.

Romain joined AIIM in August 2014 and is responsible for originating and executing investments into infrastructure companies across the African continent.

Romain's infrastructure experience dates back to 1999 and includes an in-depth knowledge of infrastructure sub-sectors, notably airports, ports and roads. Notable transactions include the award-winning Cyprus Airports, Brussels Airports and Bristol Airport transactions, and Sea-to-Sky Highway.

Prior to joining AIIM Romain was a Managing Director of Baobab Capital, which advises management, boards and infrastructure investors on acquisitions, financial or operational restructuring and strategic matters. He notably carried out a strategic review of Glasgow Prestwick Airport for the Scottish Government and serves on the Board of Global Ports Holding, the largest Turkish Port operator.

Romain was one of the founding members of the JPMorgan Infrastructure Investments Group in Europe where he led a number of transactions, including the acquisition of Electricity Northwest in the UK, Cairns & Mackay airports in Australia and Dragados SPL (now renamed Noatum) in Spain. He was a member of the risk committee and served on the boards of various infrastructure companies, including Noatum and North Queensland Airports.

Romain also worked at HSBC and Société Générale, where he structured, negotiated and completed transactions in both advisory and arranging capacities across the EMEA region and the Americas. Romain holds an MSc in Corporate Finance from EM Lyon Business School and an MSc in International Economics from Paris-Dauphine University.