SYDNEY, AUSTRALIA, April 20, 2015 (GLOBE NEWSWIRE) -- Rob Stewart, who recently stepped down as CEO of Credit Suisse Australia, will join GIP as a Partner and Managing Partner of GIP Australia. Mr. Stewart, who spent 25 years as an investment banker at Credit Suisse will join GIP Australia in June, 2015. Additionally, Russell Smith, an experienced transport infrastructure executive, has joined GIP Australia as a Partner from the Port of Brisbane where he served as CEO for four years. Mr. Stewart and Mr. Smith will work with Ari Droga, who has led GIP's activities in Australia since 2008.
The appointments of Rob Stewart and Russell Smith are part of a buildup of GIP's resources and operations in Australia which is a key target region for GIP. Commenting on these GIP Australia announcements, GIP Managing Partner, Adebayo Ogunlesi, said, "Many of us at GIP have worked with both Rob who has had a long and distinguished investment banking career and Russell who has spent his career in the port and rail sectors and most recently was CEO of our former portfolio company, the Port of Brisbane. Together with Rob and Russell, we look forward to further building our activities in Australia where we see an exciting opportunity to further advance GIP's mission of investing in high quality infrastructure assets in our core sectors in the energy, transport and water/waste industries.
About Global Infrastructure Partners
Global Infrastructure Partners ("GIP") is an independent infrastructure fund that invests in infrastructure assets and businesses in both OECD and select emerging market countries. GIP targets investments in single assets and portfolios of assets and companies in power and utilities, natural resources infrastructure, air transport infrastructure, seaports, freight railroad, water distribution and treatment and waste management. GIP has offices in New York and London, with an affiliate in Sydney and portfolio company operations headquarters in Stamford, Connecticut. For more information, visit www.global-infra.com.
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Source:Global Infrastructure Partners