Sydney-based AMP Capital Investors has created the post of head of infrastructure for Asia-Pacific in Singapore and has hired Boe Pahari to fill it, effective March 22.
Pahari was previously head of Foreshore Global Capital in London, a firm he helped set up in January 2009 that provides corporate finance, structured finance and capital markets advisory services.
His appointment will support the Australian asset manager's continued expansion into Asia and add to the existing regional infrastructure team. AMP's current regional co-heads of infrastructure -- Anoop Seth in Mumbai and Xiao Wei in Beijing -- will report to Pahari, who in turn will report to global head of infrastructure Phil Garling.
Pahari will lead a team of investment professionals across Sydney, Mumbai, Singapore and Beijing, with a brief to further expand investment activities in Australia and the Asia-Pacific region.
With 20 years' experience in financial services, Pahari started his career at Citigroup in Sydney. He subsequently worked for more than 13 years at ABN Amro in Singapore, Amsterdam, New York and London. His posts at the Dutch bank included Asia-Pacific chief financial officer, head of infrastructure capital for the Americas, global head of integrated finance/infrastructure capital and global head of structured capital.
AMP has two pooled infrastructure products available to international investors: the Strategic Infrastructure Trust of Europe and the AMP Capital Asian Giants Infrastructure Fund. The firm invests across the whole spectrum of infrastructure assets, including transport, utilities, healthcare, education, housing and communications.
AMP Capital Investors has been investing in Asian infrastructure since 1994. It manages $97 billion in assets, of which $4.4 billion is invested in infrastructure investments in Australia, New Zealand, Asia and Europe, as at 31 December.