AUSTRALIA - AustralianSuper has appointed Jason Peasley to the newly created role of Head of Infrastructure as part of its plans to "significantly" increase its investment in the asset class.
Peasley has over 16 years' experience in infrastructure investment, working across infrastructure acquisition, finance and investment management in Australia, Europe and the United States. He takes on the role from 14 April and will report to chief investment officer Mark Delaney.
Delaney said the appointment reflected the strategic importance of investment in infrastructure to AustralianSuper's growth plans.
"AustralianSuper currently has over A$5bn ($5bn) in infrastructure assets and we plan to grow investments in this area significantly over the next few years. Jason's skills and expertise will complement those of the existing in-house team and our managers to help us achieve this goal."
Delaney added investment in infrastructure was both strategically and philosophically important to AustralianSuper.
"Not only does investment in quality infrastructure projects have the potential to provide excellent returns for our members, but it also delivers benefits to the wider community in Australia," he said.
"AustralianSuper currently invests in assets, such as Pacific Hydro, which are projects on a scale of national importance. We are looking to increase our holdings in assets of this scale and significance in future."
He joins from Artisan Investment Managers, an independent boutique adviser for infrastructure investors and operator which he founded.
Previously he was director and head of transactions at Hastings Fund Management and director of infrastructure at Deutsche Bank AG.
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