Guy Pigache has joined Henderson Private Capital as the fifth member of its London-based infrastructure team. Pigache will join fellow partners Paul Woodbury and Andrew Marsden in managing the firm’s first European product, a high yield fund.
The Henderson Infrastructure High Yield Fund (Europe) aims to capitalise on growth in UK and continental European public private partnerships (PPPs). It will invest in the shareholder interests of operational PFI/PPP concession companies in Europe, with a principal focus on the more developed UK market.
Said Pigache: “Public private partnerships are a dynamic part of the European infrastructure market and I am looking forward to capitalising on this opportunity on behalf of our clients.” Pigache previously managed European PPP infrastructure funds for HSBC and Grosvenor House Group.
Henderson Private Capital had £1.5bn under management as at 30 June 2003. Its investment activities include management buyouts and expansion capital, infrastructure and fund of funds.