Investment Adviser CRO Appointment

RNS Number : 2558C

Sequoia Economic Infra Inc Fd Ld

07 February 2020

 

7 February 2020

Sequoia Economic Infrastructure Income Fund Limited

("SEQI" or the "Company")

Sequoia adds to leadership team with Chief Risk Officer appointment

SEQI, the specialist investor in economic infrastructure debt, is pleased to announce that Anurag Gupta has been appointed as Chief Risk Officer (CRO) at Sequoia Investment Management Company Limited ('Sequoia'), its Investment Adviser.

Anurag has over 20 years' global experience advising on and executing investments in infrastructure, renewable energy, public-private-partnership and corporate finance transactions. In his role at Sequoia, Anurag will be responsible for overseeing and further enhancing Sequoia's risk management and investment due diligence functions across its funds.

Anurag joins from KPMG in Canada, where he was a Partner and global sector head for Power in the Global Infrastructure practice. Prior to KPMG, Anurag held senior management roles at Infrastructure Ontario (Canada's leading public sector infrastructure delivery agency), Ontario Power Generation and TXU Energy. Anurag holds an MBA from Tulane University, New Orleans.

Sequoia acts as Investment Adviser to two funds, including the FTSE 250 Sequoia Economic Infrastructure Income Fund, which has over $2.1 billion equivalent of income-generating economic infrastructure debt investments, and Sequoia Infrastructure Debt Fund, a LP-GP euro investment grade and cross-over fund.

Dolf Kohnhorst, Sequoia's previous CRO, will remain at the firm as a partner and concentrate full time on origination.

Dolf Kohnhorst, Partner, Sequoia, commented:

"I am delighted to welcome Anurag to Sequoia. Sequoia's conservative approach to risk has always been an integral component of our management style as we have continued to grow our funds, and Anurag's appointment is a reflection of our increased size and scale. His joining further strengthens our leadership team and enhances our risk management capabilities as we continue to focus on originating and executing high quality debt investments."

Anurag Gupta, Chief Risk Officer, Sequoia, commented:

"I am pleased to be joining Sequoia. The team has an impressive reputation and track record within the infrastructure and lending market, as evidenced by the growth and performance of its funds. I look forward to working with them to achieve our ambitions for the business while maintaining its strong emphasis on effective risk management."

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Notes to editors:

For further information, please contact:

Sequoia Investment Management Company Limited Steve Cook Dolf Kohnhorst Randall Sandstrom Greg Taylor	[phone]
Tulchan Communications (Financial PR) Elizabeth Snow  Deborah Roney Laura Marshall	[phone]

About Sequoia Economic Infrastructure Income Fund Limited

The Company seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.

About Sequoia Investment Management Company ('Sequoia')

Sequoia is a specialist in infrastructure debt investment manager with extensive origination, analysis, structuring and execution experience in the sector. The directors are the Investment Adviser to two funds: the FTSE 250 Sequoia Economic Infrastructure Income ('SEQI') Fund, a leader in investing in income-generating economic infrastructure debt, and Sequoia Infrastructure Debt Fund, a LP-GP euro investment grade and cross-over fund. Sequoia has $2.3 billion equivalent assets under management, across fifteen mature jurisdictions and a range of sectors and sub-sectors. The portfolio has grown to over 88 positions as it has deployed funds from a series of successful, oversubscribed capital raises.

LEI: 2138006OW12FQHJ6PX91

 

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