Sequoia Economic Infra Inc Fd Ld Appointment of Independent Consultants (2704D)
January 30 2018 - 2:00AM
UK Regulatory
TIDMSEQI
RNS Number : 2704D
Sequoia Economic Infra Inc Fd Ld
30 January 2018
30 January 2018
Sequoia Economic Infrastructure Income Fund Limited
("SEQI" or the "Company")
Appointment of Independent Consultants
SEQI, the specialist investor in economic infrastructure debt,
announces the appointment of Tim Drayson and Kate Thurman as
independent consultants to the Company.
As independent consultants, Tim and Kate will provide guidance
to the Board on the overall approach to risk management across the
Company's portfolio. Part of their focus will be evaluating and
supporting the Company's selection of new investments in
conjunction with Sequoia Investment Management Company (the
"Investment Adviser") and International Fund Management (the
"AIFM").
Tim Drayson has over thirty years' experience in the US and
European debt capital markets. He was most recently Global Head of
Corporate Sales & Deputy Head of the European Corporate Debt
Platform at BNP Paribas and had been a member of the Fixed Income
Transaction Approval Committee, screening complex transactions and
interacting with the bank's credit committee. He joined BNP Paribas
as Global Head of Securitization in 2005, with responsibility for
managing all origination and structuring teams, including
infrastructure. Prior to joining BNP Paribas, Tim held senior roles
at Morgan Stanley in London as Head of Securitized Products
Distribution and Paine Webber in New York.
Kate Thurman is a highly experienced and respected credit market
professional having spent over 30 years identifying and analysing
credit risk in bond and loan instruments for institutional
portfolios. Kate has broad experience across industry sectors,
credit grades, legal structures and jurisdictions, having special
expertise in the assessment of quantitative and qualitative credit
factors and downside risks. In recent years, she has been employed
as a credit researcher and debt portfolio specialist by Rogge
Global Partners, New Bond Street Asset Management, Dresdner Bank
and independently as a consultant.
Robert Jennings, Chairman, said:
"Since the Company's launch almost three years ago, the Board
has supported the Investment Adviser and AIFM by independently
assessing credit risks and the management of the portfolio.
Collectively, we have a strong track record of investing in good
credit opportunities. With the five-fold growth of the Company's
portfolio over this period, we felt it appropriate to strengthen
and deepen the resources available to us in our oversight of these
critical functions. The Company's Board, the Investment Adviser and
the AIFM are delighted that we will have the benefit of Tim and
Kate's experience in credit and risk management going forward."
-End-
LEI: 2138006OW12FQHJ6PX91
For further information, please contact:
Sequoia Investment Management Company (Investment Adviser) +44 (0)20 7079 0480
Steve Cook
Dolf Kohnhorst
Randall Sandstrom
Greg Taylor
Stifel Nicolaus Europe Limited (Financial Adviser) +44 (0)20
7710 7600
Neil Winward
Mark Bloomfield
Gaudi Le Roux
Tulchan Communications (Financial PR) +44 (0)20 7353 4200
James Macey White
Martin Pengelley
Elizabeth Snow
Praxis Fund Services Limited (Company Secretary) +44 (0) 1481
755530
Matt Falla
Notes to editors
Sequoia Economic Infrastructure Income Fund Limited (SEQI.L) is
a FTSE 250 specialist economic infrastructure debt investor. It
seeks to provide its shareholders with regular, sustainable
distributions and capital appreciation from a portfolio of private
debt and bond investments, diversified across eight investment
grade jurisdictions and a range of sectors and subsectors. The
Company is advised by Sequoia Investment Management Company
Limited.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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