LGIM Real Assets (Legal & General) announces that it has appointed as Co-Heads of the infrastructure debt business Will Devenney, Head of Infrastructure Debt, Europe and Charles-Henry Lecointe, Head of Infrastructure Debt, North America as it continues to actively diversify its assets and increase its global exposure.
22 May 2020
As part of their increased responsibilities, Will Devenney and Charles-Henry Lecointe have joined the new Private Credit Leadership Team, which has recently been established with highly experienced regional and sector leaders across each of its markets, as it continues to grow its Private Credit business. As a result of the reorganisation, Calum Macphail will take on regional responsibility for Private Credit Investment in Europe, with Ed Wood retaining the equivalent role in North America.
Nicholas Bamber: "As we continue to build and grow the Private Credit business for the future, we have repositioned the team to sharpen the focus on the opportunities available across each of the market sectors. As we look to expand our infrastructure debt business globally, Will and Charles-Henry will co-lead our investment efforts. These appointments demonstrate Legal & General’s strong commitment to expand our infrastructure debt platform globally."
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion in total assets under management* of which 39% is international. We have a unique and highly synergistic business model, which continues to drive strong returns. Legal & General provides powerful asset origination and management capabilities directly to clients, which also underpin our leading retirement and protection solutions. We are a leading international player in Pension Risk Transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our purpose is to improve the lives of our customers and create value for our shareholders. Through inclusive capitalism, we are investing in long-term assets, such as real estate and infrastructure, that can help build a better society for the future.
*as at HY 2023
Legal & General Investment Management
LGIM is one of Europe’s largest asset managers and a major global investor, with total assets under management of £1.16 trillion1 ($1.47tn, €1.35tn, CHF 1.31tn). We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors.
For more than 50 years, we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across the full spectrum of asset classes including fixed income, equities, commercial property, and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.
1 Data as at 30 June 2023. Data combines assets under management by LGIM in the UK, LGIMA in the US and LGIM Asia in Hong Kong.
Assets under management include securities and derivatives positions
*as at HY 2023