Kensington Capital expands infra team

The Canadian alternatives investment firm has hired Torys partner Harold Huber as senior vice president.

Harold Huber has left Canadian law firm Torys and joined Kensington Capital Partners as senior vice president, the Toronto-based investment firm said in a statement.

“Kensington’s infrastructure business is growing and we are going after the right talent to meet our expanding needs,” Kensington Capital’s managing director and head of infrastructure John Walker commented. “We have worked with Harold for several years in his previous role at Torys so he knows the portfolio and our business.”

Having served as legal counsel to Kensington Capital while at Torys, Huber is already familiar with Kensington Capital’s portfolio.

“[Huber’s background] will help us to capture more opportunities and foster new relationships as we expand our business in Western Canada,” said Tom Kennedy, founder and chairman of Kensington Capital, referring to Huber's more than 30 years of experience, which he gained while working on acquisitions and the development of energy and infrastructure projects in North America.

In his new role, Huber will be working with Walker on infrastructure transactions directly and then helping to manage those investments as the firm expands its portfolio in Calgary, where Huber will be based, Walker told Infrastructure Investor in an e-mailed response. “He is also knowledgeable about energy and cleantech so he will be helping there as well,” Walker added.

Founded in 1996, Kensington Capital initially focused on private equity, later adding other asset classes to its business including hedge funds and venture capital. It launched its infrastructure programme in 2012 with a focus on the North American power sector, including conventional and clean energy from power generation to transmission and distribution.

The firm has invested more than $750 million across its business segments to date.