News

21st April 2011

Hermes GPE bolsters infrastructure capabilities

Hermes GPE LLP (Hermes GPE) today announces it has bolstered its infrastructure investment capabilities, appointing Peter Hofbauer as Head of Infrastructure.

Peter Hofbauer has over 25 years’ experience in infrastructure investment and management. Peter was previously Global Head of Infrastructure at Babcock & Brown, where he spent 20 years and held various roles specialising in alternative asset investment and management including Head of Public Private Partnerships (PPP), London and Head of Infrastructure & Project Finance, Australia. Peter commenced his career with Price Waterhouse in 1980 and qualified as a Chartered Accountant in 1985 before joining Westpac Banking Corporation in 1985 as Associate Director specialising
in project finance and advisory services.

Hermes GPE is one of Europe’s largest independent specialist investors in private equity and infrastructure. It currently manages over €5 billion1  of capital for leading institutional investors and pension funds worldwide. Of this, almost €500 million is invested in infrastructure.

Alan MacKay, Chief Executive Officer of Hermes GPE, commented: “I am delighted to welcome Peter as Head of Infrastructure. With a wealth of experience investing in the infrastructure asset class, Peter’s deep industry knowledge, combined with Hermes GPE’s measured investment approach, will be of significant benefit to our clients. Institutional investors are increasingly turning to infrastructure because of its attractive characteristics including diversification, inflation protection, solid yield and attractive risk adjusted returns. Hermes GPE is ideally placed to provide access to this asset class for its clients, in a format tailored to meet their desired risk/reward exposure. Clients are also able to take advantage of the reduced fee leakage that Hermes GPE’s coinvestment
approach enables us to deliver.”

Peter Hofbauer, Head of Infrastructure for Hermes GPE, added: “Hermes GPE is an established player in the infrastructure space with a solid pipeline of investment opportunities. Hermes GPE takes a strategy-led approach to constructing infrastructure portfolios, delivered through a mix of alternative investment paths which include commitments to infrastructure funds, co-investments, secondary fund acquisitions and direct investments. I look forward to working with the team to the benefit of our clients.”

 

Hermes GPE:

Rowan Brown       Maitland       020 7379 5151

 

Editors Notes (for inclusion)

Hermes GPE is one of Europe's largest independent specialists in private equity and infrastructure with assets under management of £4.6 billion. The team has a significant investment and advisory track record spanning 20 years, making it one of the most experienced investors and portfolio advisers in international private equity. Hermes GPE invests in and advises on a diverse range of private equity, infrastructure and environmental innovation products on behalf of its clients including primary fund investments, co-investments and secondary investments. Hermes GPE creates bespoke long-term partnerships with its clients and investment solutions are tailored to meet their specific objectives. Hermes GPE is a signatory of the United Nations-backed Principles for Responsible Investment and is an active proponent of responsible investing. Registered address: Lloyds Chambers, 1 Portsoken Street, London E1 8HZ, United Kingdom www.hermesgpe.com

1 As at 31 March 2011

 

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