After a dozen years at the head of the Colonial First State Global Asset Management (CFSAM) infrastructure team, Stephen Vineburg has joined a private equity firm.
After a dozen years at the head of the Colonial First State Global Asset Management (CFSAM) infrastructure team, Stephen Vineburg has joined a private equity firm.
Vineburg is the new chief executive of CVC Capital Partners' investment vehicle, CVC Infrastructure.
The new United Kingdom venture combines investment and industrial expertise to apply a value-added approach to infrastructure asset investing.
The fund aims to raise US$2 billion ($2.2 billion) in the first half of 2008 primarily in Europe to invest in infrastructure assets.
Vineberg was a pioneer of infrastructure investment, managing portfolios of investments in toll roads, railways, airports, and water, gas and electricity businesses for institutional clients since 1994.
He was with CFSAM for 20 years.
A CFSAM spokeswoman said the company was not looking for a replacement global head of infrastructure investment.
In Part 2 of our exclusive series, we ask leading names to nominate their best investments, the most effective industry group and the importance of platforms.
Colonial switches managers »
Wealth management group Colonial First State has terminated Pengana and GMO from its FirstChoice platform.
Funds sell hotel to Malaysian firm »
Malaysian-listed company TA Enterprise Bhd has bought the Westin Melbourne Hotel for $160 million from a group of industry funds.
