Adam Heath has been appointed as the new vice president of AMP Capital’s US infrastructure debt team, based in New York.
Before joining AMP Capital, Mr Heath served as Caithness Energy’s associate director of finance, and has also worked with RBC Capital Markets and WestLB.
AMP Capital infrastructure debt principal Patrick Trears said North America was a “key market” for the business, adding that infrastructure had presented an attractive opportunity throughout the year.
“Infrastructure debt is a growing asset class in the US and we are seeing increased interest from local investors who like its ability to generate consistent, attractive cash yields with capital stability,” Mr Trears said.
“We find that the risk and return profile of our infrastructure debt strategies is particularly attractive to institutional investors who are looking for yield without having to take on high levels of risk.”
The announcement follows the appointment of James Redmond as infrastructure debt associate in June 2016, also part of the North American team.
Mr Redmond was previously project finance associate with BNP Paribas in New York, where he was a part of the corporate and institutional banking division.
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