AMP Capital has announced the appointment of Malcolm Brown as a Senior Principal in its Global Infrastructure Equity business in London, marking the continued growth of its global real assets capability. Mr Brown was formerly Chief Executive of Angel Trains, the UK’s largest rolling stock company. AMP Capital manages a majority stake in Angel Trains on behalf of investors in its Global Infrastructure Equity strategy. In addition to this role, Malcolm has acted as a Senior Advisor to AMP Capital’s infrastructure business since 2015.
David Rees, Global Co-Head of Asset Management, AMP Capital said: “Having worked closely with Malcolm for several years through our investment in Angel Trains, we are delighted to welcome him as a member of our in-house asset management team.
“As we grow our business and assets under management, Malcolm’s deep leadership capability, industry knowledge, and operational and management experience will be extremely valuable to our rigorous active asset management approach, as we continue to deliver the highest levels of asset management expertise and value creation on behalf of our investors.”
Mr Brown joined Angel Trains in 2008 and served as CEO from 2009 to the present. Prior to Angel Trains he held senior executive and commercial roles with the Serco / NedRail Northern Franchise, a key customer of Angel Trains, as well as at National Express Group, Sea Containers / GNER and Marks & Spencer.
Mr Brown will continue to remain closely involved with Angel Trains as a Board Director and will take the role of Chairman of the Angel Trains Holding Company. In accordance with Angel Trains’ succession plan agreed with the Board, Chief Operating Officer Kevin Tribley will take the role of CEO upon Mr Brown’s departure.
Mr Brown will also serve as a Non-Executive Director on the board of London Luton Airport. He will start at AMP Capital on 30 July and will be based in London.
While every care has been taken in the preparation of this article, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) (AMP Capital) makes no representations or warranties 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. This article 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 article, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This article is solely for the use of the party to whom it is provided and must not be provided to any other person or entity without the express written consent of AMP Capital.