A former Citi infrastructure advisor has been hired by asset manager Fortis Investments to head its €1.1 billion Global Infrastructure Fund.
Wael Elkhouly joins the firm as head of asset management for the London-based infrastructure fund, joining a 19-person team under the leadership of Fortis chief executive Hans Meissner. The fund manages eight assets.
Elkhouly was at Citi for five years, most recently as an infrastructure advisor. Previously, he spent over 10 years with the investment banking arm of engineering and construction firm Bechtel.
Meissner welcomed Elkhouly’s “wealth of experience” and said his appointment reinforces the firm's position as a major infrastructure player.