Nicholas Willem van Gelder

Nicholas van Gelder is an executive director of the Macquarie Group. Nicholas is the Head of Macquarie Capital Funds for Asia and the Middle East. He has been with Macquarie since 1997 and has been based in Asia since 1998. Prior to joining Macquarie, Nicholas spent 10 years mostly in the United Kingdom, working in real estate project finance, construction, development and investment management.

Over the past decade, Nicholas has gained specialised experience in the areas of infrastructure investment and funds management throughout Asia. In particular, Nicholas led the development of Macquarie’s funds business in Korea, which saw Macquarie’s investment in over 20 substantial infrastructure projects with an enterprise value in excess of US$10 billion.

Nicholas’ present responsibilities include the development and management of the MacCap Fnd business across Asia and the Middle East, where Macquarie has some US$5 billion of infrastructure funds under management. He also oversees the development of a variety of new infrastructure and private equity fund initiatives planned throughout Asia, particularly in India, China and the Middle East.

John Stuart Hugh Roberts

John Roberts joined the Macquarie Group in Sydney in 1991. He is based in Sydney and is both Joint Head of the Macquarie Capital Advisers division and directly responsible for the Macquarie Capital Funds group.

John is either a Board Director (or an Alternate Director) or on the Investment Committee of the Macquarie Utilities, Media, Retirement and Private Equity Funds, as well as the international Singaporean, Korean, Canadian, US and European entities. John has a Bachelor of Law from the University of Canterbury, New Zealand.

Timothy William Stiel

Timothy has over 20 years experience in business encompassing professional accounting, financing and banking, with particular focus on the infrastructure industry.

Timothy is an executive director of Macquarie Group. He received his Bachelor of Commerce degree from the University of New South Wales, Australia in 1987, Master of Economics degree from Macquarie University, Australia in 1991 and Master of Taxation degree from the University of Sydney, Australia in 1997. Timothy has been a member of the Institute of Chartered Accountants in Australia since 1991.

Timothy joined Macquarie Group in 2001. He is head of investment structuring and taxation for Macquarie Capital Funds and has been responsible for the structuring of listed and unlisted funds managed by Macquarie Capital Funds management companies, investments, disposals and restructures involving international infrastructure and industrial assets.

John Stuart

John Stuart is the CEO of MIMAL, the manager of the Macquarie International Infrastructure Fund (MIIF). He was previously Asset Director for a number of MIIF’s direct investments, and he sits on the controlling boards of Hua Nan Expressway, Changshu Xinghau Port, Taiwan Broadband Communications and Maioli Wind.

Whilst with Macquarie Capital Funds in London John was responsible for asset management at Thames Water and the Dutch Utility Networks of NRE, Obragas and NetH. John has developed the business plans and worked on the successful acquisitions of United Utilities landfill gas operations in the UK, wind farms in Europe as well as Thames Water and the Dutch Utilities.

Prior to joining Macquarie John spent 13 years with ExxonMobil. He established Mobil’s Marine Fuels and Lubricants business in Europe and took a major role in integrating the global Marine business of Mobil and Exxon. Rapid career development provided John with a broad experience which he has successful used in managing MEIF and other fund assets. Roles at ExxonMobil included sales management, procurement, business planning/reporting, IT project management, transfer price development, and consolidation strategy development and implementation.

John has a BA in Economics from Exeter University and a MBA from Oxford University

Frank Kwok

Frank joined Macquarie in 1997 and is the Global Chief Operating Officer for Macquarie Capital Funds. Prior to his current role, Frank was Chief Financial Officer of Macquarie Airports. Frank has economics and law degrees from the University of Sydney.