Legal & General appoints heads of infrastructure debt in US and Europe
Legal & General announces that it has expanded its infrastructure debt capabilities with the appointment of Charles-Henry Lecointe as Head of Infrastructure Debt America and Will Devenney as Head of Infrastructure Debt, Europe.
21 Oct 2019
In these newly created roles, Lecointe and Devenney will focus on expanding Legal & General’s infrastructure investment portfolio in both North America and Europe respectively.
LGIM Real Assets currently manages £3.9 billion of assets in the UK, Europe and US, with Lecointe’s appointment to a growing Private Credit team in Chicago follows a year of high profile debt investments in the US.
Lecointe brings 15 years of infrastructure and structured finance experience across a breadth of sectors and geographies. For this role, he has relocated from LGIM Real Assets London Office. Having led a multitude of transactions in the US, with a particular focus on the P3 and renewables sector, Lecointe is well placed to lead Legal & General’s infrastructure business in the US as it continues to expand.
Devenney joined LGIM Real Assets in 2018 from HSBC to develop and diversify Legal & General’s real assets capabilities. Devenney will now lead on infrastructure debt investments in Europe.
Bill Hughes, Head of LGIM Real Assets, commented: “These appointments signal our ambition to continue to significantly expand our infrastructure capabilities in both the US and European geographies. Charles-Henry’s move will further bolster our investment capabilities in North America, and Will’s new role will be integral to the development and diversification of our real assets capabilities. These appointments demonstrate our commitment to expanding our platform and participating in the global infrastructure market.”
Tom Sumpster, Head of Infrastructure at LGIM Real Assets, said: “Charles-Henry’s move to Chicago is testament to our commitment to participate in a highly competitive infrastructure market and deploy more client capital in North America. Complementing the US offering, Will Devenney brings extensive experience working across all key social and economic infrastructure sectors, and has been an integral to LGIM’s continued success in Europe.”
