Beale: Alinda looking to beef up Euro business

Company founder Chris Beale (pictured) said the infrastructure fund manager is planning to add staff to strengthen its European business. But he added not all of them will be as senior as Alinda’s latest hire: ex-Goldman Sachs energy veteran Andrew Bishop.

Alinda Capital Partners will continue its build out in Europe, hiring junior level staff in both London and Düsseldorf, according to company founder Chris Beale.

Wall Street veteran Beale, a managing partner at the infrastructure fund manager, noted Alinda first began doing business in Europe in 2005, when the firm opened its headquarters in Greenwich, Connecticut, a long-time stronghold of the multi-trillion dollar hedge fund asset class.

His proclamation followed yesterday's announcement that Andrew Bishop had joined Alinda. Bishop, an erstwhile investment banker for Goldman Sachs who is based in London, is set to join a management team comprised of Patrick Basten and Per Kjellgren in April.

Beale said Bishop, along with Basten and Kjellgren, round out a solid senior level team in London, which he anticipated will “work well” together. But Beale also cited a need for less seasoned personnel: “We are looking for a wide assortment of people, with experience in banking, infrastructure or with an operational background,” Beale said.

Alinda manages a $7.4 billion infrastructure fund and is comparable with Global Infrastructure Partners in its all around involvement in the infrastructure space. Alinda is invested in surface transportation, as well as energy infrastructure, water and waste water management.

Founder Beale, 61, can boast a 20-year-long career in infrastructure, having worked as global head of project finance for Citigroup, Credit Suisse First Boston and Morgan Stanley.