Infrastructure Capital Group (ICG) has announced the appointment of a director and two associates to support growth across its funds and separate accounts businesses.

Former Principal of KPMG Direct Investments Edward (Ed) Lloyd joins ICG as a Sydney-based Director, bringing over 15 years’ experience advising on infrastructure portfolios and transactions.

Prior to KPMG, Ed worked as a director of Colonial First State Global Asset Management’s Infrastructure Investment division in Sydney and London, following roles with Hastings Funds Management and Macquarie.

The team has also grown with two new associates joining ICG’s investment team in Sydney and Melbourne to work across the firm’s Diversified and Energy Infrastructure Trust Funds and separate accounts, which collectively manage over AUD1.5 billion (US$1.1 billion).

The expanding team follows ICG’s investment in Port Hedland International Airport and sale of ANZ Stadium to the NSW State Government earlier this year.

ICG Chief Executive Tom Laidlaw said:

“Ed will play a critical role in building out the firm’s separate accounts business which is gaining strong momentum”.

“Ed’s insights and knowledge about maximising value and growth from infrastructure assets will be key in delivering bespoke mandates that suit investor preferences for asset control and exposure.”

“The growing trend towards separate accounts augers well for ICG given our deep expertise in originating, developing, managing and divesting mid-market infrastructure assets across markets.”

“We are extremely well resourced and positioned to partner with institutional clients looking for bespoke mandates covering Australia’s mid-market infrastructure sector.”