Fidelity bolsters private assets team
Fidelity International has unveiled two senior hires to its private assets team, to develop what it sees as a “strategic growth area” for the business.
Chantale Pelletier joins as global head of infrastructure equity investments.
The investment management firm said she will lead the development of its infrastructure strategy, driving a new product pipeline across both infrastructure debt and equity.
She joins from Schroders where she was most recently global head of infrastructure and chief executive of Schroders Capital Management’s French business.
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Emma Haight has joined from Ares Management to be appointed Fidelity’s new head of infrastructure debt, responsible for driving the growth of its Fidelity’s infrastructure finance proposition, including the development and launch of infrastructure credit strategies and products.
Both Pelletier and Haight will be based in London.
These two senior hires follow the recent appointments of Peter Begler, director, specialist sales private assets, DACH (Germany, Switzerland and Austria) and Ludwig Hsia, origination director, direct lending, France.
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Fidelity said that private assets are a strategic growth area for the business as investors look at alternative sources of yield to boost their portfolios. Since 2021, its private assets business has grown steadily, offering clients access to real estate and private credit including CLOs, direct lending and structured credit.
“These new senior hires are testament to our commitment in building a broad private assets business, ensuring we have the right level of support and technical expertise to help drive our ambitious expansion plans over the decade,” said Andrew McCaffery, global chief investment officer of Fidelity International.
“Within private assets, infrastructure assets have more than quadrupled over the last decade and are expected to keep growing at the same speed over the coming years. New dynamics driven by energy transition, mobility and digitisation introduce a multi-trillion investable market, and by expanding our expertise in this area, we are pleased to be able offer our clients additional investment diversification.”
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