As CFO of HICL, Mark will lead the Company’s financial reporting and portfolio management. This will include key responsibilities for capital management, valuation, portfolio outperformance and financial optimisation. Mark will be a member of the HICL Investment Committee.
Mark brings a wealth of experience and expertise to the role, having held senior finance positions in leading infrastructure and investment management firms. Mark joins InfraRed from Cordiant Digital Infrastructure, where he served as CFO. In this role, he was responsible for all financial reporting, forecasting, control and operations of the £950 million listed investment trust.
Prior to working at Cordiant, Mark was the Chief Financial Officer at Novalpina Capital LLP, where he managed all operational, financial, structuring, and tax functions for a €1 billion fund.
Ed Hunt, Head of Core Infrastructure Funds, InfraRed, said: “Mark’s extensive experience in financial management and his proven track record in both listed investment trusts and the infrastructure sector make him an invaluable addition to our team.”
Mark Tiner, CFO, Core Infrastructure Funds, InfraRed, said: “InfraRed has an impressive and long-standing track record in the core infrastructure sector, and I am delighted to join this experienced team. Funding core infrastructure investment is a growing need for many countries and HICL, a leading investor in this space, has a significant opportunity to lead the way. I’m excited to bring my experience to drive HICL forward on behalf of shareholders.”
ENDS
Notes to Editor
About InfraRed Capital Partners
InfraRed Capital Partners is an international infrastructure asset manager, with more than 160 professionals operating worldwide from offices in London, Madrid, New York, Sydney and Seoul. Over the past 25 years, InfraRed has established itself as a highly successful developer and steward of infrastructure assets that play a vital role in supporting communities. InfraRed manages US$13bn of equity capital1 for investors around the globe, in listed and private funds across both core and value-add strategies. InfraRed is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
For more information, please visit www.ircp.com.
[1] Uses 5-year average FX as at 30th September 2024 of GBP/USD of 1.2827; EUR/USD 1.1123. EUM is USD 12.803m
