Antin bulks up for new ‘next-gen’ strategy

The hirings, including former French cabinet minister Nathalie Kosciusko-Morizet, could lead to a fund launch later this year.

Antin Infrastructure Partners has made a string of hires as it prepares a new strategy targeting “next generation infrastructure”, it said in a statement.

The firm has hired Nathalie Kosciusko-Morizet and Anand Jagannathan as senior partners to lead the new strategy, based in New York and London, respectively. Kosciusko-Morizet served as a member of the French parliament between 2002-07 and 2012-17. Between 2010-12, she served as France’s minister of ecology, sustainable development, transport and housing. Jagannathan has joined from Investec, where he led the bank’s advisory business in its power and infrastructure team.

The pair will be leading a strategy that will see Antin investing in the energy transition, environmental and green mobility, social infrastructure and digital transition sectors, the manager said in a statement. Antin aims to capitalise on “new trends and technologies [that] are rapidly changing the infrastructure landscape, ushering in a new era” for the asset class.

Antin this week told investors of its plans to launch a fund for this strategy later this year, a source familiar with the plans told Infrastructure Investor, although no specific target has been set. The vehicle is likely to look at assets on the periphery of the infrastructure space, which it then hopes to develop into infrastructure assets by the time of its exit.

Antin declined to comment on the strategy beyond its statement.

Also added to the team are partners Rodolphe Brumm and Nicolas Mallet. Mallet is an existing Antin partner who has moved across to help launch the new strategy.

Brumm, based in Paris, has joined from his role as head of origination in Europe for UBS Asset Management‘s infrastructure equity team. He was a co-founder of Cube Infrastructure Managers in 2005, before departing in 2007 to become a managing director in Ardian’s infrastructure team.

They will be accompanied by David Gilmour, former vice-president of business development at BP, and Philippe Sauquet, who had a 30-year career at Total, as senior advisors.

The new strategy is the latest to be launched by Antin following its launch of a €1.5 billion mid-market fund last year. Also in 2020, the group closed its fourth flagship fund in July on its hard-cap of €6.5 billion, while also raising €1.2 billion for an annex fund to its Antin Infrastructure Partners III vehicle.