Sequoia Econ Infra - Board Changes

Sequoia Economic Infrastructure Income Fund

31/05/2024 07:00

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RNS Number : 5354Q  Sequoia Economic Infra Inc Fd Ld  31 May 2024

31 May 2024

 

Sequoia Economic Infrastructure Income Fund Limited

(the "Company")

 

Board Changes

 

The Board is pleased to announce the appointment of Paul Le Page as a
non-executive Director of the Company, effective 7 June 2024.

 

Mr Le Page is currently a Non-Executive Director of TwentyFour Income Fund
Limited, a Non-Executive Director of NextEnergy Solar Fund Limited, and Chair
of the Audit Committee of RTW Biotech Opportunities Limited.

 

Mr Le Page was formerly an Executive Director and Senior Portfolio Manager of
FRM Investment Management Limited, a subsidiary of Man Group, has over 20
years of Board level experience within the closed end investment fund sector
and brings a substantial knowledge of the global investment industry and
product structures. Mr Le Page graduated from University College London,
originally qualifying as a Chartered Engineer and later received an MBA from
Heriot Watt University. Mr. Le Page was previously Audit Committee Chair of
Bluefield Solar Income Fund Limited, UK Mortgages Limited, Thames River Multi
Hedge PCC Limited and Cazenove Absolute Equity Limited. Paul is British and
resident in Guernsey.

 

The Board also announces that Sandra Platts, having reached the end of her
nine-year tenure, will retire as a Non-Executive Director, Chair of the
Company's Nomination and Remuneration Committee and Chair of the Company's
Management and Engagement Committee on 7 June 2024.  Mr Le Page will succeed
Mrs Platts as Chair of both committees, effective 7 June 2024.

 

James Stewart, Chair, commented:

 

"As the last of our founding Directors, Sandra has played a crucial role in
supporting the Board through the Company's launch to its position as the
leading listed infrastructure debt fund and a FTSE250 constituent. On behalf
of the Board, I would like to thank Sandra for her exceptional commitment to
the role and her contribution to the Board.

 

We are delighted to welcome Paul to the Board. His background and considerable
experience in the listed investment company sector will enhance the breadth of
skills and experience represented on the Board as we continue to deliver a
sustainable return for investors from our well diversified portfolio of
economic infrastructure debt investments."

 

 

No further disclosures are required for Paul Le Page in respect of paragraphs
9.6.13 of the Financial Conduct Authority's Listing Rules.

 

For further information please contact:

 

 Sequoia Investment Management Company                       +44 (0) 20 7079 0480

 Steve Cook

 Dolf Kohnhorst

 Randall Sandstrom

 Anurag Gupta

 Matt Dimond

 Jefferies International Limited (Investment Banking)        +44 (0) 20 7029 8000

 Gaudi Le Roux

 Stuart Klein

 Teneo (Financial PR)                                        sequoia@teneo.com (mailto:sequoia@teneo.com)

 Martin Pengelley                                            +44 (0) 20 7353 4200

 Elizabeth Snow

 Sanne Fund Services (Guernsey) Limited (Company Secretary)  +44 (0) 20 3530 3107

 Matt Falla

 Devon Jenkins

 

About Sequoia Economic Infrastructure Income Fund Limited

 

The Company is a Guernsey registered closed-ended investment company that
seeks to provide investors with regular, sustained, long-term distributions
and capital appreciation from a diversified portfolio of senior and
subordinated economic infrastructure debt investments. The Company is advised
by Sequoia Investment Management Company Limited.

 

LEI: 2138006OW12FQHJ6PX91

 

 

 

 

 

 

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