ICG Investment Team

 

_D3A6618_Tom Laidlaw

Tom Laidlaw
Position: Managing Director and DIT Portfolio Manager

Tom joined ICG in early 2012 as DIT Portfolio Manager and became ICG’s Managing Director in 2014. Tom has many years of experience in the purchasing and selling of infrastructure assets in multiple jurisdictions, and has significant global infrastructure investment banking experience across roads, rail, airports, ports, regulated utilities, power generation, pipelines & PPPs. Tom has also advised numerous clients on their financial structure and raised over $20 billion of new debt.

Tom commenced his career in the Infrastructure Division of Macquarie Bank in 1999 where he had a highly successful career, through the rapid development of Macquarie as a global investor and packager of infrastructure projects. Whilst with Macquarie, Tom spent 2 years in Canada, 8 years in the United Kingdom and 4 years in Australia, predominantly in infrastructure. He was involved in a number of Macquarie funds, as well as the complex refinancing of a number of large investments including BAA Ltd and ADIL Ltd.

_D3A6618_Tom Laidlaw

Andrew Pickering
Position: Chief Investment Officer and EIT Portfolio Manager

Andrew has a career of over 28 years as a lawyer and project developer in the energy industry in Australia & Asia. Since joining ICG in 2006, he has been responsible for many of the generation projects within EIT and is a senior spokesman in the Australian energy industry. Andrew has acted on many of Australia’s major energy privatisation projects and has an extensive knowledge of the gas and electricity industries throughout Australia. Andrew became Chairman of the ICG Board in October, 2014.

In 1997, Andrew was a partner in the law firm Blake, Dawson, Waldron (now Ashurst) followed by VP-Development for Mission Energy in Australia. Andrew moved to Hong Kong, to head up international business development for CLP with successful generation projects in India, Thailand and Australia as a director of listed Thai company EGCO. Andrew was then CEO of Yallourn Energy before being appointed as Managing Director of TRUenergy (now EnergyAustralia).


Mike Fitzpatrick
Position: Non-Executive Director

Mike has over 37 years’ experience in the financial services sector, with careers in investment banking with Merrill Lynch & CS First Boston. As a pioneer in infrastructure funds, Mike established Hastings Funds Management in 1994 (sold to Westpac Bank in 2005), where he was also a director of a number of Hasting’s investments including Pacific Hydro, Global Renewables, Utilities Trust of Australia and Australian Infrastructure Fund.

Mike is currently Chairman of the Pacific Current Group Ltd, a publicly listed company which invests in boutique fund managers. His past directorships include Chairman of the Australian Football League, the Victorian Funds Management Corporation, the Australian Sports Commission and director of Rio Tinto Ltd and Rio Tinto plc.


John Clarke
Position: Founding Director

John has over 40 years’ experience across both the financial and investment markets, and has a strong track record of successfully acquiring and managing infrastructure investments. John formed ICG as a joint venture with ANZ in November 2000 (then called ANZ Infrastructure Services (ANZIS)), before John and Mike Fitzpatrick acquired ANZ’s shareholding in August 2009. Prior to that John was Managing Director of Morrison & Co (Australia) Pty Limited when it managed Infratil Australia Limited.

John was CFO and Manager of M&A of Power New Zealand where he led the listing of the firm on the NZX, and acting CEO of BellSouth New Zealand where he reset the business plan and proved instrumental in its profitable sale to Vodafone. In 1997, John joined HRL Morrison & Co Australia, as Managing Director and CEO of Infratil Australia Ltd, a listed infrastructure investment company with investments in Perth, Alice Springs and Darwin airports, Port of Portland, Southern Hydro Partnership and State West Power. John stepped down as ICG’s Managing Director in October, 2014, but remains on the Board as an executive director and as a part-time executive on a three-year contract involved in capital raising and special projects.

 


Craig Whalen
Position: Executive Director

Craig joined ICG in 2008 and has over 25 years’ experience in infrastructure and has expertise in investment analysis and transaction execution with a strong financing background. Craig’s key responsibilities include deal origination and execution, portfolio management and arranging any debt required for existing and new projects (including refinancings).

Craig practiced as a lawyer before roles in Structured Finance at Bankers Trust, Macquarie’ infrastructure group, and ANZ’s project financing team. In his career, Craig has completed many large transactions across a number of infrastructure sectors including ports, PPPs, rail, toll roads, airports, freight logistics and privatisations, and he maintains deep relationships within the project finance market in Australia.


Edward Lloyd
Position: Director

 

Ed joined ICG in 2016 with a specific focus on working with ICG’s separate account clients and co-investors, and has over 15 years’ experience in infrastructure investment across Australia, Europe and North America. Ed has worked on a wide range of infrastructure transactions as a principal, asset manager and adviser in multiple sectors, including: regulated utilities, airports, ports, rail, energy generation, energy pipelines and PPP’s.

Previously, Ed was a Principal at KPMG Direct Investments for over 5 years where he advised institutional investors globally on their direct investments in infrastructure assets. Prior to this, Ed was a senior executive in the unlisted infrastructure investment team at Colonial First State Global Asset Management, and prior to that at Hastings Funds Management with experience investing in infrastructure both in Australia and offshore.


James Arthur
Position: Director

James joined ICG in 2011 and has over 14 years’ experience in the financial services sector. James has expertise in the analysis, execution and ongoing management of infrastructure investments in several sectors, including renewables, energy generation, energy transportation and PPPs. At ICG, James is responsible for deal execution, portfolio management as well as the management of several assets within the DIT and EIT portfolios.

Previously James worked at Amber Infrastructure and Babcock Brown in the United Kingdom where he advised International Public Partnerships on the acquisition and management of numerous PPP projects throughout Europe, Australia and North America. Prior to that he completed his Chartered Accountancy at Ernst & Young in Melbourne.


David Lovell
Position: Director

David joined ICG in June 2017 as a director with a particular focus on management of the Northern Territory Infrastructure Development Fund (NTIDF). David has more than 25 years experience in infrastructure project origination, financing and asset management. David has led the development of many private infrastructure projects, both within Australia and throughout South East Asia, in the areas of road and rail transport, water, power, telecommunications and social infrastructure. He has also played a key role in the acquisition and divestment of equity interests in Infrastructure assets.

David previously held senior positions with the Bank of Tokyo, Transfield Holdings, Leighton Contractors, Origin Energy, Capella Capital and Macquarie Capital. David holds a Bachelor of Financial Administration, Master of Economics, Diploma of Economic Statistics and an MBA, and is a member of the Australian Institute of Company Directors.


Daniel Beaver
Position: Associate Director

Daniel has over 8 years of equity investment, debt, advisory and asset management experience with a focus on natural resources, power and utilities infrastructure. Daniel previously worked within ANZ’s Natural Resources Group. Daniel is responsible for deal origination and execution, asset management and portfolio support across the Energy Infrastructure Trust.


John Blain
Position: Independent Consultant

Responsible for providing industry consultancy services to ICG on an ad-hoc basis, in areas including engineering, procurement, project management and operations, John has 30 years’ broad experience in infrastructure. In the last seven years, John has been a provider of industry consultancy services, performing roles including Industry Expert, Independent Auditor, Banker’s Engineer, Independent Project Manager, Advisor, Panellist, Independent Design Validator, Expert Witness and Board Member.


Phillip Baker
Position: Independent Consultant

Phil is a consultant to Infrastructure Capital Group to optimise existing investments as well as securing new investments. He sits on the boards of two of the investment manager’s portfolio companies, Flinders Ports and Port Hedland International Airport. Prior to his executive retirement in 2011, Phil worked as Managing Director of Adelaide Airport Limited and Parafield Airports Limited for 13 years. During this time, Phil was also the Managing Director of Gold Coast Airport from 1998 to 1999. Prior, Phil was the Managing Director Ringway Handling Services Ltd, a wholly owned subsidiary of Manchester Airport plc in the United Kingdom. He has over 45 years of experience in the aviation industry, across airline operations and handling agents. Phil began his career with British Caledonian Airways Ltd, where he spent 20 years working in posts across France, the Middle East and West/Central Africa.