Investcorp has set up a platform to make investments in infrastructure companies and projects across North America.

The global alternative investment firm has appointed Michael Ryder as a senior advisor to lead the newly launched private infrastructure investment business.

Ryder previously held leadership positions at Morgan Stanley, Blackstone and OMERS Infrastructure.

“I am proud to be joining the Investcorp team at this exciting time, especially as we anticipate a steady rise in infrastructure investment activity in North America during the next decade,” said Ryder.

Investcorp established its first Infrastructure investment business in the Gulf Cooperation Council region in 2019 through a strategic joint venture with Aberdeen Standard Investments.

Mohammed Alardhi, executive chairman of Investcorp, said: “The launch of Investcorp’s North America infrastructure business builds upon our long history of successful investing in private alternatives on behalf of our global client base, leveraging our strong and established experience in real estate and private equity.

“Infrastructure is a critical focus area as we see increased activity to upgrade the region’s ageing infrastructure.”

Alardhi said the new platform will expand Investcorp’s range of capabilities, “generate additional value for our clients and stakeholders and lead us steadily forward in our growth strategy”.

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