JP Morgan set to lose infra big hitter

03 October 2017 - 12:00 am UTC

Andrew Truscott is set to leave fund manager JP Morgan Asset Management for new opportunities, Inframation understands.

Truscott has been a managing director at the JP Morgan Infrastructure Investment Fund since 2015.

He headed up the fund’s European operations, including origination, execution and portfolio management. He was also on the board of portfolio companies Electricity North West and Southern Water.

Prior to this Truscott was co-head of industrials and infrastructure at J.P. Morgan Cazenove from 2000, advising on major M&A deals in Europe.

J.P. Morgan has been highly active in infrastructure over the last year, bidding for Swedish district heating company Värmevärden, the Infinis wind portfolio, rolling stock firm Beacon Rail, and Spanish gas utility Nortegas Energía Distribución (formerly Naturgas).

JP Morgan declined to comment.

JP Morgan