New France MD for MIRA

Macquarie Infrastructure & Real Assets has hired Michael Nebot, an M&A specialist, from Citigroup Global Markets.

Macquarie Infrastructure & Real Assets (MIRA), which is part of Macquarie Funds Group, has appointed Michael Nebot as a managing director in its Paris office.

Nebot will report to MIRA’s France head Bruno Angles and will focus on developing areas such as asset management, origination and fundraising.

Nebot joins from Citigroup Global Markets, where he was head of mergers and acquisitions (M&A) for France. He had previously worked at investment banks Morgan Stanley and Societe Generale in Paris, advising on domestic and cross-border deals in a range of sectors.

Edward Beckley, head of MIRA Europe, said Nebot’s “experience of global M&A combined with his expert knowledge of the French market” would make him a “valuable addition”.

MIRA has been operating in France since 2006 and its managed funds hold investments in motorway network Autoroutes Paris-Rhin Rhone, oil storage company Groupe Pisto, metering solutions firm Compteurs Farnier and 100 megawatts of operating French wind farms.

In May this year, MIRA’s Macquarie European Infrastructure Fund 4 closed on €2.75 billion, beating a target of between €1.5 billion and €2.0 billion. The fundraising also included a further €2.0 billion in co-investment arrangements.

The world’s largest infrastructure manager, MIRA also focuses on real estate, agriculture and energy. It has $101 billion under management in 114 companies, 300 properties and 3.6 million hectares of farmland.