Challenger Limited (ASX:CGF) will merge their infrastructure investment operations with Access Capital Advisers to form a $4 billion fund.
The new boutique infrastructure business will be called Whitehelm capital with employees in London, Sydney, Singapore and Canberra.
Challenger Director, and director of the new fund, Phil Peters, says it will be capable of sourcing, structuring and arranging investments across the capital structure in Australia, Asia, Europe, North America and South America.
Access Capital Advisers is one of Australia’s oldest operating infrastructure advisory and management businesses.
Egon Zehnder has commenced a global search for the firm’s chief executive officer.
Challenger made a net profit of $187 million in the first half of the 2014 financial year.
