Redwheel, the specialist independent investment manager, has appointed Nandita Sahgal, James Kinsbrook and Raviraj Salecha to form its new Redwheel Emerging Markets (EM) Impact Opportunities team, focused on private markets.
Led by Nandita Sahgal, the team has over 40 years of combined experience. All three have worked together for the past six years executing energy transition investment strategies across diverse technologies in Emerging Asia at EM Impact Capital and at ThomasLloyd Group. They have an established track record managing private equity investments in energy transition projects across Emerging Asia.
At Redwheel, the new team will focus on investing in mid-market private infrastructure companies across three key sectors – energy generation and storage, transport and mobility, and circular economy in Emerging Asia ex. China. The launch of the Redwheel EM Impact Opportunities Fund (subject to regulatory approval) will follow this appointment.
Tord Stallvik, Redwheel CEO, said: “Investing across the energy transition spectrum can generate long-term, attractive risk-adjusted and impactful returns. Nandita, James and Raviraj’s specialised expertise investing in essential transition infrastructure in emerging markets will complement the existing public and private markets strategies in our growing sustainable thematic franchise.
"We are excited to welcome them to the team and look forward to working together.”
Nandita Sahgal, head of the Redwheel EM Impact Opportunities Team said: “Decarbonisation requires transitioning in every sector of the energy system including power, transport, industry and buildings. The Redwheel EM Impact Opportunities team will explore investments in companies facilitating the energy transition in power generation, storage, e-mobility and the circular economy.
"We look forward to working with our new Redwheel colleagues as we contribute to the advancement of clean energy solutions for a more resilient future.”
The news follows on from a number of expansions in Redwheel’s sustainable thematic franchises, including the acquisition of the assets of Ecofin, a specialist investor in sustainable infrastructure and environmental solutions and the launch of the Redwheel Clean Economy Strategy managed by Amanda O’Toole.
