UK-based growth capital and infrastructure investor Oxford Capital has made two senior hires to target renewable energy deals.
Sachin Bhatia has joined from Barings Assets Management and Nadiya Siddique from Standard Chartered Private Bank Dubai.
Oxford’s institutional investment strategy includes targeting portfolios of large-scale UK renewable energy assets which benefit from long-term government-backed index-linked yields, it said.
Edward Mott, Managing Partner at Oxford Capital said, “Many institutions are seeking alternative assets to deliver long term yield to match their ongoing liabilities.
“Renewable energy infrastructure assets can offer a higher and more reliable yield than gilts and many corporate bonds with the income underpinned by government.
“I am delighted to welcome Sachin Bhatia and Nadiya Siddique to help drive growth in our institutional programme; both bring wide experience and valuable expertise to the firm.”
Last July Oxford Capital confirmed it was targeting £100m for its third infrastructure fund, which will focus on solar power assets, and was looking for a first close before the end of 2013.
The fund follows two previous investment programmes through which it has invested a combined £50m in the renewables space.
The strategy aims to deliver asset backed, index-linked yields in excess of seven per cent to nine per cent over 20-25 years.
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