Rao is GIP's new partner

Raj Rao, one of the founding members of Global Infastructure Partners, has been elected as its newest partner. The fund has also added two new senior hires to the team, including a global head of fundraising, as it prepares to raise a second fund.

Global Infrastructure Partners (GIP), the independent $5.64 billion investment fund, has elected a new partner and added two new senior hires to its team.

Raj Rao: GIP's
new partner

Founding team member Raj Rao has been elected as GIP’s newest partner effective immediately. Based in London, he will be responsible for the fund’s activities in the energy and wastewater sectors in Europe. Rao is a board member at London City Airport, East India Petroleum and Great Yarmouth Port. Before his tenure at GIP, he was a senior member of Credit Suisse’s mergers and acquisitions team.

Previously reported on InfrastructureInvestor.com, Susan Healy has now been officially confirmed as the fund’s new head of global fundraising and investor relations. Healy was a senior member of Babcock & Brown’s Capital Markets Group and was also head of Carlyle’s investor relations department for 13 years.

In a statement, GIP highlighted her experience in fundraising and fund formation, as the firm prepares to raise a second infrastructure fund. Speaking with Infrastructure Investor last year, Joe Blum, the firm’s general counsel said the firm was preparing to launch its second infrastructure fund in 2010.

The other senior addition to GIP is Gary Pritchard, formerly head of SABIC Innovative Plastics’ supply chain, where he managed over 5,000 employees. He has over 30 years of technical and managerial experience, including 26 years of experience at General Electric.