AMP Capital adds to global infrastructure team

Reporter

— 1 minute read

05 June 2017

AMP Capital has appointed an investment director to its New York-based infrastructure equity team.

Brent Tasugi will make the move to AMP Capital from Oaktree Capital Management's infrastructure investing group, where he oversaw projects related to North American transport, logistics and public-private partnerships (PPPs).

At AMP Capital, Mt Tasugi will focus on the same areas (as well as communications) and will report to AMP Capital head of Americas, infrastructure equity Dylan Foo.

In a statement, AMP Capital said the appointment reflects the investment manager's shift in focus towards North American origination – particularly mid-market and value-add opportunities.

Mr Foo said, "The US is a very attractive market for AMP Capital and we think the potential for investment is significant. The recent budget announcement by the Trump administration to substantially invest in infrastructure over the next decade is encouraging for us as investors as we look to deploy more capital across the region.

"With the exception of energy, the supply of infrastructure deal flow has been constrained during the last decade and we are excited by the prospects of the new proposals.

"Our long history investing in infrastructure has shown there is a real benefit to private sector involvement in public infrastructure."

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