Access hires CP2 infra pro

Don Conway, former head of direct investments at Australian asset manager CP2, is joining the firm as a managing director on its Sydney infrastructure team. Conway’s hire is the latest in a streak of professionals the firm has hired from CP2, Rotshchild and Highstar Capital in recent months.

Access Capital Advisers has hired Don Conway, CP2’s global head of direct investments, to serve as a managing director on its Sydney team, the infrastructure-focused alternative asset manager said in a statement.

Conway will join Access’ investment committee, which oversees how the firm deploys capital in infrastructure assets. Access chief executive officer Alexander Austin said in the statement Conway brings a “unique perspective” to the investment analysis process due to his experience as both a principal and a fund manager.

At CP2, Conway was involved in infrastructure investments such as the firm’s purchase of its stake in toll road operators Transurban and ConnectEast, as well as Sydney’s Airport Rail Link. Sydney-based CP2 also manages infrastructure assets on behalf of institutional investors.

Conway’s hire represents the latest in a string of high-profile hires Access has made in the wake of a departure of a part of its infrastructure team last year. In July, Tom Majewski, Damien McDonald, Digby Beaumont and Farhad Billimoria left Access’ Stamford, Connecticut office to join AMP Capital in New York. Access has since hired Geoffrey Di Felice and Luke Grobada, both formerly of CP2, Nirav Shah, formerly of Rothschild, and David Elizondo from Highstar Capital.

In September, CP2 hired former Victorian Funds Management Executive Syd Bone as chief executive. The firm has also been restructuring its Global Infrastructure Fund, a process which is ongoing and is expected to be in excess of $1 billion, according to a law firm involved in the deal.