Andrew Charlesworth, Former Director John Laing Capital Management Limited and Investment Adviser to John Laing Infrastructure Fund
Until recently Andrew Charlesworth was a Director of JLCM and the Investment Adviser to JLIF, responsible for delivering the JLIF’s performance targets with more than 21 years of experience in infrastructure development and finance. Andrew led the growth of JLIF from £270m at launch in November 2010, to a market cap of around £1.4bn in May 2017, delivering an annualised TSR to shareholders of 9.8% to the end of 2016. Andrew’s broad experience of the PPP market, having acted as advisor to authorities in procuring PPP projects and to senior lenders in funding them, has ensured that the investments JLIF has made have been accretive to shareholder value, delivering above forecast returns. Prior to his current role, Andrew led significant parts of the primary investment business within John Laing Group plc, initially as CEO of Regenter (a John Laing social housing PPP joint venture), then as Local Authority PPP Director and lastly as the Financial and Commercial Director for the global John Laing Investments business. Andrew holds the CFA UK’s Investment Management Certificate (Part 1), a first class engineering degree and an MBA, focusing on Project Finance and Mergers and Acquisitions; is a guest lecturer at the University of Columbia in New York; a finance advisory board member of the USA Blueprint 2025 infrastructure plan, was an informal infrastructure adviser to the White House transition team, sits on the D Group’s Brexit Group, is a head judge on the global Partnerships Bulletin Partnerships Awards and a Freeman of the City of London.
The UK Chancellor’s Autumn Statement announcement regarding the new £23 billion National Productivity Investment Fund included infrastructure investments of over £2.6 billion to improve transport networks, a multi-million pound package to accelerate the future of broadband and £7.2 billion to support the construction of new homes. Scotland, Wales and Northern Ireland will receive more money […]