LONDON--(BUSINESS WIRE)--UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business announces the appointment of Perry Offutt as Head of Infrastructure Americas, effective in June. Perry will join REPM’s USD 4 billion Infrastructure platform to lead the US team and further develop its growing presence in the region.
Perry has more than 20 years of investment and industry experience and has worked on over USD 100 billion of transactions. Perry joins UBS-AM from Macquarie Infrastructure & Real Assets, where he was a Managing Director of the North American Investment team, responsible for originating and executing investment opportunities. Prior to this, he spent 15 years at Morgan Stanley, including as Head of Infrastructure Banking for the Americas, originating and executing infrastructure transactions across various industries, including utilities and transportation.
In his new role, Perry will leverage his expertise to drive the expansion of REPM's infrastructure investment activity in the Americas, through its global platform of funds and mandates. He will be based in New York and report to Tommaso Albanese, Head of Infrastructure at UBS-AM.
Floyd Gent, currently Head of Infrastructure Equity Americas, will take on a new portfolio company-focused senior advisory role, supporting the expansion of our business in the region. We are pleased that we continue to benefit from his extensive knowledge and nearly 40 years of investment industry experience, including eight years at UBS-AM.
Vanessa Lamort De Gail recently joined the team as a Portfolio Manager. Vanessa previously worked for Deutsche Bank, where she helped develop the structured debt investment business in infrastructure and energy in the Americas. In her new role, Vanessa is tasked with starting up an infrastructure debt fund capability in the US.
In addition, Alex Leung will join the team as a Research Analyst. He previously spent seven years as an equity analyst specializing in the US Energy and Industrials sector at Sanford C. Bernstein. Both Vanessa and Alex will be based in New York.
These appointments bring the REPM Infrastructure team to over 30 professionals globally.
Commenting on the appointments, Tommaso Albanese, Head of Infrastructure at REPM, said: “We are building an Infrastructure team to deliver on our ambitions and conviction in this sector. Perry Offutt is a highly regarded and well-connected expert in US infrastructure investment. His experience alongside Vanessa, Alex and the other high calibre colleagues who have joined us in Europe in recent months, will drive this business forward and enable us to deliver further innovative new products with attractive returns for our investors.”
About UBS
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
© UBS 2018. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved.