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Ancala expands asset management team

by Funds Europe
27 November 2024
Neuberger Berman makes senior fixed income hire
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Infrastructure manager Ancala has expanded its asset management team through the appointment of Frederick Pierru as a Director.

Pierru has more than 25 years’ experience working in the infrastructure and energy sectors, most recently as CEO of Marverde Infraestructura, a KKR-backed company which specialised in the sale and leaseback of energy infrastructure assets.

During his seven years at Marverde he supervised all aspects of the business including set-up, project finance, legal, tax and accounting management and compliance.

Before that he worked for Boston Consulting Group for six years where he was focused on M&A and business strategy within infrastructure, energy and industrial sectors.

Ashley Hough, Head of Ancala’s Asset Management team, said: “We are continuing to expand the capabilities and experience of our Asset Management team as our portfolio of critical infrastructure businesses grows.

“Frederick brings a unique blend of operational, industrial, consulting and M&A experience to our team which will help portfolio companies at every stage of the investment life cycle. I am confident he will be a strong addition to the team and the portfolio companies he works with.”

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