Minal Patel was named global head of infrastructure at Schroders Capital, the private markets business of U.K. investment managers Schroders.
The role is new and Patel leads Schroders Capital’s global infrastructure business and, alongside the wider senior team, sets global strategy, a news release said.
The firm’s infrastructure business predominantly comprises its Schroders Greencoat unit, which is one of the largest pure-play renewable and energy transition infrastructure managers globally with a presence in the U.K., Europe, U.S. and Asia.
“We find ourselves in a strong position as we look to the year ahead, we have supportive sector tailwinds, an uptick in returns and positive momentum with investors increasingly attracted to the renewables and energy transition space,” Patel said in the news release.
Schroders completed the majority acquisition of Greencoat Capital — which was subsequently renamed Schroders Greencoat — in 2022.
Patel joined what was then Greencoat Capital in 2019 as a partner and she has most recently led the oversight of its private institutional funds, the structuring of new investment opportunities, and the widening of investor relationships.
As of June 30, Schroders Capital had $97.3 billion in assets under management. As a wider group, Schroders had AUM of $979 billion.