AMP Capital has appointed Tim Smith to the newly-created role of Head of Distribution, North West Region, based in New York.
Mr Smith joined AMP Capital on 11 September and reports to Boe Pahari, Director of the North West Region and Global Head of Infrastructure Equity. He will be responsible for leading AMP Capital’s distribution team across key markets including North America, the UK, Europe and the Middle East, and his appointment cements AMP Capital’s commitment to further build its international distribution capabilities and deliver greater levels of service to clients globally.
Mr Smith has more than 25 years’ experience and a proven track record in new business development and client relations. He has specific expertise in alternative assets and the public markets. Mr Smith was most recently at Denham Capital Management, a leading energy and resources-focused global private equity firm, where he was Managing Director, Investor Relations. In this role, he was responsible for all fundraising activities including the successful close of multiple funds above targeted amounts. Prior to joining Denham, Mr Smith held roles at Boston Ventures, The Boston Company and The Pioneer Group.
Mr Pahari said: “We have an increasing number of clients in North America, the UK, Europe and the Middle East but we have ambitions to grow this base, which is why we have appointed Tim to this role. I’m delighted to have someone of Tim’s calibre to lead our efforts towards reaching these goals.
“Positioning this role in New York reflects our belief in the potential of the North American market, particularly when it comes to our real assets capability. We have a growing presence in this part of the region and we will continue to further build our prospects.”
North America was a key market for fundraising for AMP Capital’s Infrastructure Debt Fund III, which recently closed to new investment after hitting its hard cap of US$2.5 billion and attracting further commitments of US$1.6 billion.
This article has been prepared to provide general information and does not constitute 'financial advice' for the purposes of the Financial Advisors Act 2008 (Act). An individual investor should, before making any investment decisions, consider the information available in the relevant Product Disclosure Statement and seek professional advice. While every care has been taken in the preparation of this document, AMP Capital Investors (New Zealand) Limited and the AMP Group (together, 'AMP') make no guarantee that the information supplied is accurate, complete or timely and do not make any warranties or representations in respect of results gained from its use. The information is not intended to infer that current or past returns are indicative of future returns. The views expressed are those of the author and do not necessarily reflect those of AMP. These views are subject to change depending on market conditions and other factors.