Wall Streeter Jenkins to head IR for GIP

James Jenkins, who has worked for Lehman Brothers and Credit Suisse, has joined Global Infrastructure Partners as a managing director in charge of investor relations. He will help shore up GIP’s second infrastructure fund.

A well-connected Wall Street banker has joined Global Infrastructure Partners (GIP) to oversee investor relations and help bolster Global Infrastructure Partners II (GIP II), the second fund launched by the infrastructure investment manager.

GIP said James Jenkins will focus on “large” limited partners (LPs) and coordinate evaluating potential co-investment for GIP II, which has been targeted to amass $6 billion in equity. GIP II held its first close, at $3 billion, in December.

Jenkins, whose official title is managing director, will work in New York.

Adebayo Ogunlesi, chairman and managing partner, commented that “many of us have known and worked with Jim” during their career and praised his knowledge of the credit market, in particular with distressed and event-driven investing.

Like Ogunlesi, Jenkins worked for Credit Suisse Group, the Zurich, Switzerland-based financial-services concern that sponsored GIP’s first fund in a partnership with General Electric. With Credit Suisse, Jenkins worked in reorganisation and leveraged finance. He has also worked for Lehman Brothers.

In addition to his Wall Street pedigree, Jenkins has also worked in the hedge fund space for a decade, GIP said, pointing to his stint with $20 billion fixed income specialist King Street Capital Management.

GIP II in April made its maiden investment, purchasing Edinburgh Airport, a prized UK asset that spurred a bidding war between GIP and JP Morgan Asset Management (JPMAM).

The fund manager paid £807 million (€990 million; $1.3 billion) for Edinburgh, netting the fund manager its third UK airport. GIP in 2006 bought London City Airport and landed Gatwick Airport in 2009 from BAA.