RBC Global Asset Management has appointed Andrew Hay as head of global infrastructure investments.
Based in Toronto and reporting to Michael Kitt, RBC GAM’s head of private markets and real estate equity investments, Hay will seek to expand the firm’s pursuits in global markets, with a focus on global infrastructure. This new role dedicated to the global infrastructure space is reflective of RBC GAM’s plan to broaden its investment offerings to its base of global investors and advisors.
“We are very pleased to welcome Andrew to RBC GAM,” says Dan Chornous, chief investment officer, RBC GAM. “Over the past three years, we have built a compelling private markets offering for our clients across real estate, mortgage, and now infrastructure investments. Andrew’s depth of experience and his established presence in the infrastructure investment community are ideally suited to supporting the emerging needs of investors and advisors with innovative solutions.”
Hay has a track record in the infrastructure investment space. Most recently, he spent 14 years with Canada Pension Plan Investment Board, as senior principal, Infrastructure Investments.