Northleaf adds former UBS, Macquarie director to infra team

Toronto-based Northleaf Capital has hired a veteran of UBS and Macquarie as a managing director on the firm’s infrastructure team.

Roderick Gadsby, who has also worked at Barclays Capital and Morgan Stanley, will join the firm’s London office, Northleaf announced. He will work on transaction origination, due diligence, execution and asset management, focusing on deals in the UK and Europe.

Gadsby worked for UBS Investment Bank from 2011 to 2015, covering areas including infrastructure debt at the London office. At UBS, he was an advisor on projects including Thames Water and the Thames Tideway Tunnel. After leaving UBS, Gadsby founded Bluecore Advisors, a management consulting firm also based in London, in 2015. A year later, Gadsby joined Stormharbour, a financial services firm, where he led the London-based infrastructure group.

Before joining UBS, Gadsby spent three years beginning in 2008 with Macquarie Infrastructure and Real Assets. Before that, he worked from 1998 to 2007 as a director for Barclays Capital.

Last year, Northleaf closed its C$950 million ($770.16 million; €620.84 million) Fund II; the fund’s predecessor raised C$520 million. The firm’s investments in the UK include Southern Water in England and Wales and Navigator Terminals, a bulk liquid storage provider. The firm holds C$10 billion in assets under management.