REG - 3i Group PLC - New leadership of 3i's Infrastructure business

3iAnnouncement

31/03/2022 07:00

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RNS Number : 6748G  3i Group PLC  31 March 2022

31 March 2022

New leadership of 3i's Infrastructure business

3i Group plc ("3i" or "3i Group") today announces a change to the leadership
of its Infrastructure team.

 

After eight years leading our Infrastructure team, Phil White, Managing
Partner, has decided to step down from the role with effect from 1 July 2022.
Phil will remain with 3i on a part time basis, as Vice Chair of Infrastructure
and as a member of the Group's Investment Committee.

 

Scott Moseley and Bernardo Sottomayor will be appointed Managing Partners and
Co-Heads of European Infrastructure, and will join 3i Group's Executive and
Investment Committees, effective 1 July 2022. They will work closely alongside
Rob Collins, Managing Partner, who heads our North American Infrastructure
team.

 

Scott joined 3i in 2007 and became a Partner in 2012, and is currently Co-Head
of Economic Infrastructure, Europe. He has led a number of our most successful
Infrastructure investments including Elenia, Tampnet, ESVAGT and XLT.

 

Bernardo Sottomayor joined 3i as a Partner in 2015 and alongside Scott is
currently Co-Head of Economic Infrastructure, Europe. During his time at 3i,
Bernardo has taken a leading role across a number of important Infrastructure
investments including Joulz, TCR, Attero and ESP.

 

Simon Borrows, 3i's Chief Executive said:

 

"I would like to thank Phil for his excellent contribution since he joined 3i
in 2007, and for his exceptional leadership of the Infrastructure team over
the last eight years. In that time Infrastructure has performed extremely well
and has generated consistently strong returns for 3iN and its shareholders
(including 3i Group) and for the investors in the other Infrastructure funds
we manage.  I am pleased that we will continue to benefit from Phil's
experience."

 

"Scott and Bernardo bring a wide range of complementary skills and experience
across origination, execution and portfolio management. I am confident that
they will continue the success of our Infrastructure business and I look
forward to working with them in their new roles."

 

-Ends-

 

For further information, contact:

 

 3i Group plc

 Silvia Santoro          Tel: +44 20 7975 3285

 Investor enquiries      Email: silvia.santoro@3i.com (mailto:silvia.santoro@3i.com)

 Kathryn van der Kroft   Tel: +44 20 7975 3021

 Media enquiries         Email: kathryn.vanderkroft@3i.com (mailto:kathryn.vanderkroft@3i.com)

 

About 3i Group

3i is a leading international investment manager focused on mid-market private
equity and infrastructure. Its core investment markets are northern Europe and
North America. For further information, please visit: www.3i.com
(http://www.3i.com)

 

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