NEW YORK--(BUSINESS WIRE)--Investcorp Corsair Infrastructure Partners (“Investcorp Corsair”), a leading global infrastructure investment firm, announced today that it has appointed John D. Porcari as Managing Director for Public Policy and Partnerships. As a result, Mr. Porcari has transitioned into a full-time role from his previous position as an Operating Partner at the firm, which he held since 2017, and will continue serving as a Board Member of Investcorp Corsair investment platform Vantage Airport Group.
As Managing Director, Mr. Porcari will be responsible for originating new investment opportunities across the transportation, logistics and associated sectors, with a particular focus on large-scale public-private partnership transactions. He will work closely with Investcorp Corsair’s investment and portfolio operations teams, as well as the management teams of the firm’s investment platforms, advising on investment process, transaction execution and post-investment value creation.
In addition, Mr. Porcari will continue to focus on maintaining and strengthening Investcorp Corsair’s relationships with important public sector stakeholders, including regulators and counterparts across Local, State and Federal Government. He will also support the formulation of new, forward-looking investment strategies in areas relating to key public policy initiatives, including energy transition, sustainability, technology and digitization, labor relations and local community development.
Prior to Investcorp Corsair, Mr. Porcari served for four and a half years as Deputy Secretary of the United States Department of Transportation in the Obama Administration, responsible for 10 operating administrations, 55,000 employees worldwide and a $70 billion operating budget. He also served as White House Port and Supply Chain Envoy in the Biden Administration, leading a series of operational and structural changes to relieve the pandemic-induced global stresses on the US supply chain, as well as President of US Advisory Services for WSP, a global professional services, planning, engineering and construction services firm.
Hari Rajan, Managing Partner of Investcorp Corsair, said: “We are pleased to announce John’s new role at Investcorp Corsair, which follows six hugely successful years as an Operating Partner that have laid a strong foundation for his success in this new role. John brings an unparalleled level of expertise at the highest levels of infrastructure policymaking, having served in both the Obama and Biden Administrations. We look forward to working more closely with John as we enter this exciting phase in Investcorp Corsair’s development and are confident that all our stakeholders will benefit from his considerable knowledge and experience.”
“I am delighted by the opportunity presented by this new role at Investcorp Corsair,” added John D. Porcari, Managing Director for Public Policy and Partnerships at Investcorp Corsair. “Hari and the broader team understand the opportunity to act as a partner to public sector constituencies and the role that we and our investment platforms can play in supporting economic growth in the communities that we serve. I look forward to continuing to work closely with my colleagues at Investcorp Corsair and our platforms to ensure the success of new and existing investments, as well as supporting the ongoing development of the wider firm.”
Notes to Editors
John D. Porcari, Managing Director for Public Policy and Partnerships at Investcorp Corsair
Mr. Porcari is Managing Director for Public Policy and Partnerships at Investcorp Corsair, based in Washington D.C., Mr. Porcari previously served as an Operating Partner at the firm for six years and is a Board Member of Investcorp Corsair company Vantage Airport Group.
Mr. Porcari also previously served for four and a half years as Deputy Secretary of the United States Department of Transportation. As Deputy Secretary, he was the department’s Chief Operating Officer, with day-to-day responsibility for 10 operating administrations, 55,000 employees worldwide and a $70 billion operating budget.
Most recently, Mr. Porcari was White House Port and Supply Chain Envoy in the Biden Administration, leading a series of operational and structural changes to relieve the pandemic-induced global stresses on the US supply chain, as well as President of US Advisory Services for WSP, a global professional services, planning, engineering and construction services firm. He also served as Interim Executive Director of the Gateway Program Development Corporation, the entity charged with designing, financing and constructing the Gateway program of projects in the New York-New Jersey metropolitan area.
Prior to being nominated by President Obama and unanimously confirmed by the Senate as Deputy Secretary of Transportation, Mr. Porcari twice served as Secretary of the Maryland Department of Transportation, leading the only state-level transportation department that includes statewide transit, aviation, port, highway, rail, bridge and tunnel authority and motor vehicle licensing modes. Mr. Porcari also served as CFO and COO of the University of Maryland, as well as a variety of economic development positions at the local and state government levels.
About Investcorp Corsair
Investcorp Corsair Infrastructure Partners is a global infrastructure investment business founded in 2015, with $5.1 billion in assets under management across 25 portfolio assets. Since December 2023, we have operated as a strategic partnership between Investcorp and Corsair. Investcorp Corsair focuses primarily on core plus and value-added opportunities in transportation, logistics and associated infrastructure subsectors. We blend operating expertise and deep sectoral knowledge with equity sponsorship. We invest through three key investment platforms operating within the airports, roads and ports verticals.
For more information, please visit https://www.investcorp-corsair.com and follow us on LinkedIn.
