Infralogic Investors Forum New York 2023
In-person registration is now closed as we have reached venue capacity. Please select the virtual pass option to stream the event.
The Plaza, New York
27
Apr
Opening panel discussion: current state of North America infrastructure investing
Money managers raised record amounts of capital for investment in infrastructure over the last year before a macro-driven slowdown in fundraising in 2H22. The North American infrastructure and energy markets in 2022 increased 10% YoY in investments value, showing robust dealmaking figures despite global economic uncertainties. Deal value in the US and Canada reached USD 346 bn in 2022 - about 10% less than Europe, where USD 382bn in transactions closed. That was a narrower gap than in 2021, when North America deal activity by value lagged Europe by 24%. M&A deals took the spotlight, accounting for USD 150bn of the total market share, according to Infralogic.
This panel will take a broad look at the landscape for infrastructure investing as funds seek to deploy capital in a competitive and macro-economically fraught environment.
- What does the M&A pipeline hold for investors over the next 12 months?
- What are some of the market high points, and what are areas to steer clear from? Where are current valuation benchmarks?
- How are investors handling the increased cost of acquisition financing? What type of assets can be levered in this environment?
-
SpeakersCecilio Velasco Managing Director, Infrastructure
Crosby Cook Partner EQT Partners Inc
Nasir Khan Managing Director Natixis
Gisele Everett Senior Managing Director, Americas OMERS Infrastructure
Dylan Foo Partner & Head of Global Infrastructure Apollo Global Management
Dolly Mirchandani Partner, Global Head of Infrastructure, Transportation and Logistics White and Case
Confirm cancellation
Something went wrong.
An error occurred trying to play the stream. Please reload the page and try again.
CloseSign-up to join the ION Analytics Community to:
- Register for events
- Access market insights
- Download reports
Cecilio Velasco (New York) joined KKR in 2012 and is a Managing Director on the Infrastructure team. Mr. Velasco leads KKR’s energy transition investments in the Americas. During his time at KKR, Mr. Velasco has worked with the Americas, Asia-Pacific and European infrastructure teams and has been involved in a number of investments globally including Pinnacle Towers, Ecorbit, First Gen, Nitrogen Renewables, NextEra Energy Partners, Acciona Energia Internacional, Bayonne Water and Middletown Water, among others. Prior to joining KKR, he worked at Goldman, Sachs & Co. in New York in the investment banking division. He holds a B.S.B.A. in Finance and Accounting, magna cum laude, from Georgetown University.
Crosby Cook joined EQT Partners in September 2013.
Prior to joining EQT Partners, Crosby worked at Metalmark Capital Partners, a middle market private equity firm based in New York and focusing on investments in the energy, industrial, healthcare, and defense sectors. Previously, he worked as an analyst in the M&A investment banking group at Jefferies & Company in New York.
Crosby holds a Bachelor’s degree in Economics from Bowdoin College.
Current directorships: First Student First Transit, Osmose Utilities Services, Inc.
Nasir Khan is responsible for Infrastructure Finance as well as Infrastructure related industry groups including Power and Renewables, Transportation and Social Infrastructure, and Telecommunications.
Khan has over 20 years of experience in infrastructure and energy project finance. He previously worked as Managing Director and Head of Infrastructure for the Americas at Bank of Tokyo-Mitsubishi UFJ, where he specialized in business development across lending, advisory, and capital markets, and was awarded numerous Deal of the Year awards. Earlier in his career Khan also held positions at Ports America Group and Citigroup.
Gisele Everett is Senior Managing Director and Head of Americas for OMERS Infrastructure and is based in New York City.
Since joining OMERS in 2019, Gisele has been instrumental in shaping Infrastructure Americas’ strategy, portfolio construction, portfolio company value creation plans, and talent development. Under her leadership, Infrastructure Americas has completed several transactions including new investments in Direct ChassisLink Inc. (DCLI) and Navisun, and dispositions of GNL Quintero S.A. (GNLQ) and the Chicago Skyway, amongst others.
Prior to joining OMERS, Gisele held roles at Anchorage Capital Group, Deutsche Asset Management and Citigroup, having led teams responsible for the investment lifecycle from deal origination and execution through value creation to dispositions, across sectors including energy, industrials, telecoms and cleantech. She also held board director roles in over 15 companies covering various geographies and sectors.
Gisele has a BBA (finance major) from Fundação Getúlio Vargas in Brazil and an MBA (finance major) from Cornell University. She speaks English, Portuguese and Spanish.
Mr. Foo is a Partner and Head of Global Infrastructure at Apollo, as well as co-head of Apollos Sustainability Investment Group. Mr Foo leads the firm’s infrastructure investment activities and chairs the Infrastructure committee. Mr. Foo has more than 20 years of industry experience investing in Asia, UK, Europe and North America, with a particular focus on mid-market assets in transportation, telecommunications and energy infrastructure. Mr. Foo currently serves on the board of directors of Brightspeed, Broad Reach Power and Primafrio. Mr. Foo received a Master of Applied Finance from Macquarie University and a Bachelor’s of International Business from Queensland University of Technology.
Dolly's practice focuses on the infrastructure and energy sector, including public private partnerships, reflecting 25 years of experience working on some of the most significant deals in the sector. She represents sponsors, infrastructure funds, commercial banks, institutional lenders, contractors, secondary market investors and governments in the tender, development, acquisition and financing of greenfield and brownfield infrastructure projects. Dolly has advised across multiple infrastructure asset classes including surface transportation (airports, ports, roads, parking, bridges, transit and rail), water and wastewater, waste management, district energy, digital and social infrastructure. Her breadth of practice and decades of experience allows her to anticipate concerns, propose solutions and promote agreement. She has played a leading role in the introduction of private investment and finance in the infrastructure sector in North America, having advised on multiple, award-winning transactions, including ones that were first-of-their-kind.