+27 82 901 4034
B.Sc (Civil Eng)
Andrew is an infrastructure investment specialist. He is a founder member and chairman of Phoenix Infraworks.
With over thirty years of experience in the delivery of infrastructure assets in Emerging Marketing, Andrew is one of Africa’s most experienced and successful deal makers, equity investors and creator of businesses in the infrastructure sector in Africa. His experienced spans origination, due diligence, capital structuring and execution of 32 acquisitions, eight disposals and four asset refinancing across a variety of infrastructure sectors in Africa.
Andrew’s infrastructure experience dates back to the early 1980s and includes an in-depth knowledge of infrastructure sectors, notably power, roads, airports, ports and renewable energy.
Andrew was the Chief Executive Officer of African Infrastructure Investment Managers (AIIMS) for 13 years and was a key contributor to AIIMs successful track. While the CEO, AIIMs funds under management grew from R700million to over USD1.5 billion. He was actively involved in structuring and raising and deploying of five unlisted infrastructure fund vehicles in Africa and managed the relationship with AIIM’s investors which comprised leading institutional investors and global development finance institutions.
Andrew has led and guided the start up and growth of infrastructure businesses in Africa, on the ground, in region such as Nigeria, Kenya, Brazil, Bangladesh and South Africa. Such businesses include fund management organisations, renewables energy development companies, project companies in toll roads, wind farms and telecommunications.
In the mid 1990s Andrew held a senior management role in an international toll road operator, which background informed his belief in whole of life, active asset management. During this period he was the Project Director of an operations company in Bangladesh, structured and led a number of PPP toll road bids in India, and led the operational start-up of an toll road company in Brazil.
Andrew has been both a director and chairman of boards and management committees of several infrastructure companies, including Lekki Toll Road Company, N3 Toll Concession, Maputo Toll Road Company, Bakwena Toll Road, Neotel Second Network Operator and Kelvin Power. He was also a member of the governing boards and investment committees of the funds managed by AIIM, served as a non-executive director of the African Private Equity and Venture Capital Association and was the chairman of Macquarie Africa from 2008 to 2014.
+44 7803 436 454
Nigel has over 30 years experience in infrastructure advisory and principle investing.
Nigel is a director of Phoenix InfraWorks.
Nigel worked in the city of london from 1985 and moved to autostrade from 1992 – 1994 where he also had the role of Deputy General Manager of Midland Expressway Limited, the concession company for the M6 Toll in England. Thereafter he worked in the project finance teams of various banks and advisory teams (including PwC when it was the world #1 ranked adviser and where he was a Partner).
Nigel joined Espirito Santo Investment where he was General Manager of the London Branch and eventually came to be the head of Project Finance, sitting on the board of the investment bank. The project finance team he ran generated 1/3 of the bank’s revenues and managed 170 assets in 20 countries by 2011. It was ranked world #1 in project finance transport transactions during his time at the bank.
Nigel acted as the lead financier for the Secondary Market Infrastructure Fund, raising progressively £30m to £500m in a series of deals that led to SMIF owning 68 infrastructure assets. He was a director of TINFRA Management Limited, SMIF’s initial management vehicle. He also sat on the investment committees of two infrastructure funds: the Fondo PPP Italia and the Espirito Santo Infrastructure Fund.
In 2011 he co-founded Eaglestone, a financial services business which focusses on sub-Saharan Africa and led the acquisition of Eaglestone Capital Advisory in South Africa.
Nigel has worked on toll road and transport deals in 20 countries, as adviser, lender and investor. In South Africa he was a financial adviser to the South African National Roads Agency on the refinancing of the N4 Maputo Corridor, the N3 and the N4 Platinum Toll Highway. He also advised the Agency on the bids for the N1/N2 Winelands Toll Highway and the N4 Platinum Toll Highway. He has also advised bidders the R300, the Huguenot Tunnels and the N3 in South Africa.