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."
Notes to editors
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.4 trillion in total assets under management* of which a third is international. We also provide powerful asset origination capabilities. Together, these 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. Through inclusive capitalism, we aim to build a better society by investing in long-term assets that benefit everyone.
*at 31 Dec 2021
Legal & General Investment Management is one of Europe’s largest asset managers and a major global investor, with total assets under management of £1.28 trillion (€1.43 trillion; CHF1.55 trillion; $1.75t trillion; JPY181 trillion)*. We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors. Throughout the past 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.
*LGIM internal data as at 31 December 2020. The AUM disclosed aggregates the assets managed by LGIM in the UK, LGIMA in the US and LGIM Asia in Hong Kong. The AUM includes the value of securities and derivatives positions.
(As of June 2021)
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