Board Changes

Sequoia Economic Infra Inc Fd Ld

31 May 2024

 

31 May 2024

Sequoia Economic Infrastructure Income Fund Limited  

(the "Company")

Board Changes

The Board is pleased to announce the appointment of Paul Le Page as a non-executive Director of the Company, effective 7 June 2024.

Mr Le Page is currently a Non-Executive Director of TwentyFour Income Fund Limited, a Non-Executive Director of NextEnergy Solar Fund Limited, and Chair of the Audit Committee of RTW Biotech Opportunities Limited.

Mr Le Page was formerly an Executive Director and Senior Portfolio Manager of FRM Investment Management Limited, a subsidiary of Man Group, has over 20 years of Board level experience within the closed end investment fund sector and brings a substantial knowledge of the global investment industry and product structures. Mr Le Page graduated from University College London, originally qualifying as a Chartered Engineer and later received an MBA from Heriot Watt University. Mr. Le Page was previously Audit Committee Chair of Bluefield Solar Income Fund Limited, UK Mortgages Limited, Thames River Multi Hedge PCC Limited and Cazenove Absolute Equity Limited. Paul is British and resident in Guernsey.

The Board also announces that Sandra Platts, having reached the end of her nine-year tenure, will retire as a Non-Executive Director, Chair of the Company's Nomination and Remuneration Committee and Chair of the Company's Management and Engagement Committee on 7 June 2024.  Mr Le Page will succeed Mrs Platts as Chair of both committees, effective 7 June 2024.

James Stewart, Chair, commented:

"As the last of our founding Directors, Sandra has played a crucial role in supporting the Board through the Company's launch to its position as the leading listed infrastructure debt fund and a FTSE250 constituent. On behalf of the Board, I would like to thank Sandra for her exceptional commitment to the role and her contribution to the Board.

We are delighted to welcome Paul to the Board. His background and considerable experience in the listed investment company sector will enhance the breadth of skills and experience represented on the Board as we continue to deliver a sustainable return for investors from our well diversified portfolio of economic infrastructure debt investments."

No further disclosures are required for Paul Le Page in respect of paragraphs 9.6.13 of the Financial Conduct Authority's Listing Rules.

For further information please contact:

Sequoia Investment Management Company Steve Cook Dolf Kohnhorst Randall Sandstrom Anurag Gupta Matt Dimond	[phone]
Jefferies International Limited (Investment Banking) Gaudi Le Roux Stuart Klein	[phone]
Teneo (Financial PR) Martin Pengelley Elizabeth Snow	[e-mail] [phone]
Sanne Fund Services (Guernsey) Limited (Company Secretary) Matt Falla Devon Jenkins	[phone]

About Sequoia Economic Infrastructure Income Fund Limited

The Company is a Guernsey registered closed-ended investment company that 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.

LEI: 2138006OW12FQHJ6PX91

 

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