Infrastructure investor Infranity expands into North America

Generali Investments-backed infrastructure investor Infranity has opened a New York office to mark its “strategic expansion” into North America.

The Paris-headquartered asset manager, which oversees $11bn (£8.5bn) of infrastructure debt and equity investments, has hired three executives from Fiera Private Debt to support its expansion in the region.

Paul Colatrella, Katherine McElroy and William Kim specialise in infrastructure and renewable energies, which is in line with the first strategy Infranity intends to launch in North America.

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They bring a depth of knowledge and years of experience in origination, investing and fundraising in the North American market, Infranity said.

Colatrella has been appointed as managing director and head of North America for debt and will manage Infranity’s US debt investment team. He was previously head of infrastructure debt at Fiera Private Debt.

McElroy has been named managing director in the debt investment team, having previously held the role of managing director at Fiera Private Debt.

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Kim has been appointed director in the debt investment team, having held the same position at Fiera Private Debt.

“We are excited to support Infranity, a successful and fast-growing affiliate of Generali Investments, as we expand into the US market where we see growing infrastructure investment opportunities for our clients,” said Woody Bradford, chief executive of Generali Investments and chair of Infranity’s board.

“Many investors are seeking private asset solutions that have the potential to generate attractive risk-adjusted returns while matching innovation and positive impact for people and the community. Infranity is ideally positioned to meet this demand in the US market.”

Colatrella said: “This is a very exciting time for Infranity, and we are thrilled to join the firm as it strengthens its position globally. With its strong market position, unique business model partnering with Generali, and clear focus on energy transition and digitalization, Infranity is ideally positioned to capitalize on the demand for infrastructure investment in the region. We look forward to working with our talented team across the globe to help deliver sustainable infrastructure investments and attractive risk adjusted returns for investors.”

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