Alternative investment firm QIC has announced it has appointed two senior infrastructure executives as part of its global infrastructure expansion plans.
The firm has hired Geoff Chatas, who will take charge of QIC's infrastructure business in North America from the New York office.
Chatas has 25 years of experience in finance and infrastructure, with roles in JP Morgan Asset Management as managing director for the infrastructure investment group, chief financial officer for Progress Energy, where he looked after corporate development, including asset acquisition and divestitures.
Head of global infrastructure Ross Israel said Chatas' understanding of the North American marketplace will help in leading QIC through $510 million worth of infrastructure investments in the region.
QIC has also hired Giles Tucker to lead the UK and European infrastructure operations from its London office.
Giles has three decades of infrastructure and leadership experiences, with roles at the Royal Bank of Canada in London, where he set up the bank's infrastructure franchise, and at Newcourt Capital/CIT, London as its head of infrastructure.
"Giles' expertise in deal-sourcing and his advisory and transactions experience will deepen our capabilities in the UK and Europe," head of global infrastructure Ross Israel said.
"Through our sector-centric investment strategy across transport, energy and utilities, and Public Private Partnerships (PPPs), we think there is great potential to add to our clients' European portfolio where we have existing investments in the water and ports sectors."