Increased demand for unlisted infrastructure sees further growth at IPIF
Increasing investor demand for unlisted infrastructure has prompted a leading asset manager to further expand its in-house team.
Specialist alternative asset manager Infrastructure Partners Investment Fund (IPIF) has appointed Kurt Lemke as the Head of Research and Portfolio Construction.
Mr Lemke has 20 years of experience in the financial services industry, including more than a decade in unlisted investment and economic forecasting.
Prior to joining IPIF Mr. Lemke was Group Director at Hasting Funds Management where he led portfolio construction and strategy.
IPIF, through the appointment of Mr Lemke, aims to lead the unlisted infrastructure investment market away from largely subjective decision-making processes to a more quantitative-based approach.
Commenting on the hire, IPIF Chief Executive Officer, Nicole Connolly, said: “We are excited to have Kurt come on board with us. He brings a wealth of experience and will be at the forefront of portfolio construction and research for IPIF and our investors.
“IPIF seeks to help better educate non-institutional investors about unlisted infrastructure and where it fits in their asset allocation and portfolio construction. This is more important than ever given the uncertain market outlook and surging equity markets.”
Ms Connolly added: “Unlisted infrastructure assets and portfolios are also known to be resilient throughout economic cycles, even shocks such as the GFC, due to inelastic demand for essential services – making them extremely attractive investments given ongoing uncertainties in domestic and global economies.”
IPIF is a leader in enabling self-managed super funds and high net worth individuals to access the unlisted infrastructure asset class, which has traditionally only been accessible to larger institutional investors.
