IFM appoints independent chair for AIF

IFM Investors, the Melbourne-based firm, has appointed Brad Vann as independent chair of the Australian Infrastructure Fund Investor Advisory Committee. 

With 35 years of experience in delivering infrastructure projects, Vann is a legal practitioner who advises governments, sponsors and banks on large-scale Australian projects. He joined the committee at IFM following its formal appointment last week. 

He was previously a strategic adviser and partner at Clayton UTZ in Melbourne, which saw him working on a range of projects in the Asia Pacific. 

These have included most major road PPPs in New South Wales, Queensland and Victoria, major hospital PPP and correctional facilities in South Australia, Victoria and Western Australia, and technological projects in New South Wales and Victoria such as rolling stock, desalination plant, power stations, public transport ticketing, research facilities, and traffic camera and enforcement processing facilities.

The IFM Australian Infrastructure Fund now manages more than A$10 billion ($7.35 billion; €6.46 billion), the firm’s head of Australian Infrastructure Michael Hanna told Infrastructure Investor. 

The appointment is the third one from IFM in less than a week. Last week, the firm also appointed Alex Joiner in a newly created role of chief economist, and promoted Rich Randall as global head of debt investments.