Macquarie expands global infrastructure debt team with US launch
New York, 27 Sep 2016
- Ariel Jankelson joins MIDIS as Senior Vice President in New York City
Macquarie Infrastructure Debt Investment Solutions (MIDIS), part of Macquarie Asset Management, today announced the expansion of its business into the United States (US) with the appointment of Ariel Jankelson as Senior Vice President of MIDIS in New York City.
MIDIS' infrastructure debt platform was first launched in 2012 from London and has subsequently built a significant presence across the UK and Europe. MIDIS has been awarded mandates in excess of $US4.4 billion globally, including through the first ever UK inflation-linked infrastructure debt fund.
Mr. Jankelson most recently worked for more than 10 years in Macquarie Capital's project and infrastructure financing team. He has taken leadership roles on numerous high profile transactions in both Sydney and New York with debt structuring, arranging and advisory experience across the infrastructure, transportation, power, renewables and midstream energy sectors. He will be joined in New York City by Sunil Malhotra, a senior associate who relocates from the MIDIS investment team in London.
James Wilson, Co-Head of MIDIS, said: "Our expansion into the US is in response to heightened demand from our insurance and pension fund clients to match their liabilities with long-dated, lower-risk and uncorrelated investments. As the world's largest infrastructure investor, we have proven that infrastructure debt continues to provide just that. Macquarie Group's existing scale, expertise and network of relationships will assist us in connecting this demand with the growing number of US-based infrastructure borrowers seeking flexible debt financing. With Ariel's leadership, we look forward to expanding our global offering."
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries and employs more than 14,000 people. Assets under management total approximately $US357 billion at March 31, 2016. For more information, visit www.macquarie.com.
About Macquarie Infrastructure Debt Investment Solutions
In early 2012 Macquarie established the Macquarie Infrastructure Debt Investment Solutions (MIDIS) platform to leverage the infrastructure expertise within Macquarie into an investor-aligned global infrastructure debt investment management business. The MIDIS platform has been successful in securing mandates with insurer and pension scheme clients and has a track record of investing at attractive yields.
Forward looking statements and other important information
This document contains forward-looking statements with respect to the financial condition, results and business of Macquarie Infrastructure Debt Investment Solutions. By their nature, forward-looking statements involve risk and uncertainty and there may be subsequent variations to estimates. Macquarie Infrastructure Debt Investment Solutions actual future results may differ materially from the results expressed or implied in these forward-looking statements.
Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment advisory services.