ATLAS Infrastructure

ATLAS Infrastructure was founded in 2017 as a partnership between ATLAS Partners and the founding partners of Global Infrastructure Partners, one of the world’s leading infrastructure managers with over US$170 billion under management.

It was a founding principle that ATLAS Infrastructure (ATLAS) be established with the resources and support to provide comprehensive, highly detailed analytical coverage of its sector and world-class service to its clients. In keeping with this ambition, the firm was established with a large investment team supported by best-in-class service providers.

ATLAS places infrastructure sector knowledge at both the core of its team construction and its investment process. Confidence in long-term forecasts comes from deep infrastructure sector knowledge and experience, combined with original research. The firm’s investment team is split between offices in London and Sydney and is one of the largest, if not the largest, amongst its peer group. This scale allows ATLAS to maintain constant coverage across all companies within its investment universe.

ATLAS Infrastructure Global Fund

Why PAN-Tribal Selected ATLAS

As a world-leading global listed infrastructure specialist, ATLAS offers clear differentiators to its peers in the global listed infrastructure space.

Deep infrastructure experience

ATLAS has one of the largest investment research teams in the infrastructure industry. The team’s history spans both listed and unlisted infrastructure investment, a diversity of expertise that facilitates a deep understanding of the infrastructure assets in the firm’s investment universe.

Integration of climate change

Climate change and its implications for energy transition are embedded within the analysis of every asset. The team acknowledges climate change as one of the most significant influences on investment outcomes within the infrastructure sector and factors the cash flow impacts of the policy response to climate change in its assessment of every company.

Global coverage

Well-resourced bases in both the Northern and Southern hemispheres promote easier access to management teams in every part of the world and facilitate more active engagement with portfolio companies.

Asset level focus on the social contract

ATLAS recognises that infrastructure assets operate under an implicit social contract and that companies which fail to perform in line with that contract – through overcharging, under delivering or through failing to control associated externalities – may be subject to penalties or reduced regulatory returns. ATLAS’s financial models make explicit assumptions about the level of profits that are earned by infrastructure assets and its forecasts assume that companies earn “fair” returns over time, provided that the company offers a service in line with customer and regulator expectations.

Stewardship

The team engages directly with companies in the portfolio and uses its influence to reinforce good governance.

Key Investment Professionals

Rod Chisholm – Partner, Sydney

Rod Chisholm

Partner, London

Rod has over 27 years’ experience in the infrastructure and telecoms sectors. Before developing the ATLAS business, he worked for RARE Infrastructure for eight years as the Head of Tailored Portfolio Strategies. While at RARE, Rod was a member of the Investment Committee, which managed a tailored portfolio for the firm’s largest client. He was Head of Research from 2009 to 2012 and was responsible for the development and implementation of a range of systems and processes at the inception of the RARE business in 2006. Before this, Rod was Head of pan-European fixed line networks and satellites research at HSBC in London.

David-Bentley ATLAS Infrastructure

David Bentley

Partner, London

David is a Partner in the London office, working closely with several of ATLAS’s large institutional clients and has over 24 years’ experience in the infrastructure sector. Prior to developing the ATLAS business, he worked with Rod Chisholm at RARE Infrastructure in Sydney for over two years. David previously worked at the Future Fund (Australian Government Sovereign Wealth Fund) as an Investment Manager in its Infrastructure team. As part of this role, David oversaw the Future Fund’s investment in listed infrastructure and was responsible for managing a number of the Fund’s unlisted infrastructure assets and pooled funds. Before this, David worked for Deutsche Bank and PwC in infrastructure, utilities and natural resources M&A.

Matthew Lorback – Partner ATLAS Infrastructure Sydney

Matt Lorback

Partner, Melbourne

Matt has over 20 years’ experience in the infrastructure sector and joined ATLAS Infrastructure at the beginning of 2018. He is a member of the Investment Committee for the Global Strategy and acts as the key relationship manager for a number of ATLAS Infrastructure’s institutional clients. Before joining ATLAS, Matt worked at Hastings Funds Management for more than ten years, where he was a member of the Investment Committee, a Portfolio Manager and the Airport Sector Lead. Matt represented investors on the boards of, among others, Perth Airport, Port of Newcastle, Queensland Airports Limited and North Queensland Airports. Before joining Hastings, Matt was a senior executive in KPMG’s Corporate Finance practice, where he specialised in the valuation of infrastructure assets.

David McGregor Partner ATLAS Sydney

David McGregor

Partner, Sydney

David has over 18 years’ experience in the listed infrastructure securities sector. He joined ATLAS in 2016 and covers airports, toll roads, European utilities and energy. Before joining ATLAS, David worked at RARE Infrastructure, where he was responsible for various infrastructure sectors that now make up part of ATLAS’s investment universe. Prior to that, David worked for Macquarie Securities as part of the Australian Infrastructure & Utilities team.

Insights

News & Insights brought to you by our in-house experts and investment partners.

Level 17, 90 Collins Street
Melbourne 3000
T: 03 9654 3015
F: 03 9662 3304

ABN 35 600 756 241
AFSL 462 065

Unifying excellence in asset management