AMP boosts European infra equity team

AMP Capital (AMP) has appointed Damian Stanley as a London-based investment principal within its infrastructure equity team.

Reporting to Simon Ellis, the Australian fund manager’s head of origination for Europe, Stanley will oversee transactions in the region for AMP’s recently launched Global Infrastructure Fund (GIF) as well as the firm’s institutional clients.

He was most recently a director on the Australian board of Sydney-based asset manager Whitehelm Capital and chairman of its UK subsidiary board. His previous jobs have included head of infrastructure investment advisory for Europe, Middle East and Africa at Morgan Stanley and managing director within Macquarie Group’s infrastructure and real assets unit in Sydney and London.

Stanley’s hire closely follows that of John Angell, who joined AMP as head of distribution for the UK and Europe last week. The appointment triggered a redrawing of boundaries within the firm’s clients team, with Richard Shields, until then managing director for clients in the UK, Europe and the Middle East, focusing solely on the latter region.

These moves are part of AMP’s broader efforts to internationalise its business, initiated last year when Boe Pahari, previously head of infrastructure for Europe and the Americas, became its London-based global head of infrastructure equity.

The firm last month reached a first close on GIF through topping its existing $750 million pool of seed assets with more than $540 million. Launched last October, the platform has an overall target size of $2 billion.