CEO, Climate Fund Managers
Andrew is an infrastructure, climate and blended finance specialist with over 30 years’ experience in the development of and investment in infrastructure and climate related assets in emerging markets. With expertise that spans due diligence, capital structuring, execution of investments, refinancing, asset management, disposals and exits, and the establishment and management of fund managers and project companies, Andrew is regarded internationally as being at the top of his field.
Andrew is the co-founder and CEO of Climate Fund Managers (CFM), the creator and manager of the worlds largest climate focused blended finance facilities – Climate Investor One and Climate Investor Two. Operating across Africa, South East Asia and Latin America, CFM is the leading practitioner in blended finance and a means to mobilise institutional capital into climate focused investments. With offices in Singapore, Cape Town and the Hague CFM develops and invests commercially in solar, wind, hydro, water treatment, desalination, waste to value, and ocean co-system assets.
Andrew is also the CE of Sanlam InfraWorks, the specialist infrastructure and climate asset management unit of the Sanlam Group, Africa’s largest non-banking financial institution, listed on the Johannesburg stock exchange and with global operation managing in excess of USD80 billion. Sanlam Infraworks seeks to leverage the funding power and on the ground presence of the Sanlam Group to deliver impact and investment return across the African continent.
Andrew’s experience covers renewable energy, water, transport and ocean assets. He has led the establishment and growth, as CEO, of two medium sized (~50 people) fund management organisations, and to date has successful raised and managed nine infrastructure funds, with aggregate capital commitments in excess of USD 2.5 billion.
Previously Andrew led, as CEO (2004-2014), African Infrastructure Investment Managers (AIIM), a joint venture between Macquarie Bank of Australia and Old Mutual of South Africa as part of his duties as a senior executive in Macquarie Bank, where he worked for fifteen years. Andrew was also the Chairman of Macquarie Africa (2008-2014), a business covering structured finance, capital markets and financial advisory services in Africa.
Andrew has spent three decades working on deals, managed investments, chairing boards of directors, and building businesses and projects ranging from Bangladesh to Brazil, toll roads to power stations, airports to oceans, and is now dedicated to directing that experience to the cause of investing to fight and manage the effects of climate change on our planet and its inhabitants.