AMP Capital appoints Investment Director, announces new Airports MD

AMP Capital has announced changes within its aviation infrastructure asset management team, with the appointment of Dan Fitzpatrick as Investment Director, following the promotion of David Dowling to Managing Director of Airports.

Mr Fitzpatrick will join AMP Capital from North Queensland Airports where he held the position of Corporate Finance Manager, responsible for long term forecasting, shareholder and bank relationship management and board reporting.

At AMP Capital, he will work alongside David on the airport portfolio’s asset management strategy, client relationship management, and future transaction activity.

Commenting on the appointment, AMP Capital’s Global Co-Head of Core Infrastructure Equity Michael Cummings said, the changes within AMP Capital’s Airports team would maintain the business’ leading position in the sector and allow it to take advantage of opportunities as they arise.

“The promotion of David and appointment of Dan enables us, particularly in a post Dexus acquisition world, to continue to drive sustainable and long-term value outcomes from the management of our existing airport infrastructure assets and future growth opportunities.”

“Dan’s understanding of aviation as a previous strategy leader at Melbourne Airport, where he managed annual strategic planning and forecasting, shareholder relationship management and major customer negotiations underpins his sector credentials, and complements David’s exceptional portfolio management expertise.”

AMP Capital’s domestic Airports team manages a 27.32% investment in Australia Pacific Airports Corporation Limited (parent entity of Melbourne Airport and Launceston Airport) and a 50% investment in Port Hedland International Airport.

Mr Fitzpatrick will join AMP Capital on Monday 15 August.

Media enquiries:

Steve Batten
M: +61 411 080 268
E: steve.batten@ampcapital.com

Important Notice
While every care has been taken in the preparation of this document, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) makes no representation or warranty as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. Neither AMP Capital nor any company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this document This document has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this document, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This document is not intended to be and does not constitute financial advice nor a recommendation to subscribe for or purchase any investment by any person in any jurisdiction nor does it constitute an offer, solicitation or invitation to subscribe or purchase any investment in any jurisdiction where it would be contrary to the laws, regulations or directives in force or applicable in such jurisdiction.

In April 2022, AMP Limited announced that the AMP Capital/Collimate Capital real estate and domestic infrastructure equity business would be sold to Dexus Funds Management Ltd (Dexus), a leading Australian real estate and asset management group.