Industry funds-backed IFM Investors has made another key appointment, with Rich Randall succeeding Robin Miller as global head of debt investments.
Miller will semi-retire from IFM Investors after 17 years with the company but will remain as a senior advisor and chair of the investment committee.
Confirming the changes today, IFM Investors chief executive, Brett Himburoy said Randall had been moved up from his prior position as executive director of debt investments, which he had held since joining IFM Investors in 2013.
He said that in his new role, Randall would manage IFM Investors' global debt investment teams and maintain the organization's global debt investment process and relationships with investors.
Randall will also oversee the sourcing of infrastructure debt opportunities internationally and will continue to be based in IFM Investors' New York offices reporting directly to Himbury.
Randall has more than 20 years of experience in originating, analysing, structuring, and arranging debt facilities for large infrastructure projects. Before joining IFM Investors in 2013, he spent 10 years at RBS.
He will begin his new role on 1 July.