3i has announced the promotions of John Cavill to Partner and of Antoine Matton to Director in its Infrastructure business.

John Cavill is based in London and has portfolio-wide responsibility for the asset management of greenfield and operational infrastructure projects. Antoine is based in Paris and has responsibility for deal origination, execution and asset management of projects and economic infrastructure investments. Both John and Antoine joined 3i in 2013.

3i’s Infrastructure business, which had assets under management of approximately £2.4bn as at 31 March 2016, invests principally in economic infrastructure businesses and greenfield projects.

Since 31 March 2016, the 3i team has advised 3i Infrastructure plc on three new investments:

• £75 million investment in Wireless Infrastructure Group (WIG), the second largest independent communications infrastructure provider in the UK;
• €200m investment in TCR, Europe’s largest independent asset manager of airport ground support equipment; and
• €5m commitment to the Hart van Zuid greenfield PPP project in the Netherlands.

Ben Loomes and Phil White, Managing Partners and Co-heads, Infrastructure, 3i Investments plc, commented:

“Following the continuing strong performance of 3i’s Infrastructure business, we continue to see good opportunities for new investments and to develop the business strategically. We are therefore delighted to announce the promotions of John and Antoine. They are high calibre professionals who bring substantial experience and knowledge in their respective areas.”