Our Leadership

James is a resident of the United Kingdom and brings a wealth of leadership, international and infrastructure experience across both the public and private sectors. Between 2011 and 2021, James held several senior level positions in KPMG in the UK, including as a non-executive member of the KPMG LLP Board, chair of the Audit Board and chair of KPMG’s Global Infrastructure practice. For the past three years, as Vice-Chair of KPMG LLP, James was responsible for KPMG’s engagement on Brexit and the UK Government’s growth agenda, including the Industrial Strategy. Prior to this, James was Chief Executive of Infrastructure UK, based in the Treasury and responsible for supporting major infrastructure projects and programmes in the UK, and Chief Executive of Partnerships UK, responsible for assisting in the development and implementation of the Public Private Partnership program in the UK. James’s earlier experience include 16 years’ in investment banking and leading a global team involved in lending, investing equity and advising on infrastructure projects. James is currently a Trustee of the Shaw Trust and Chair and Trustee of Power for the People. James is a fellow of the Institute of Civil Engineers.

Tim has over 30 years’ experience in the US and European debt capital markets. He was most recently Global Head of Corporate Sales & Deputy Head of the European Corporate Debt Platform at BNP Paribas and had been a member of the Fixed Income Transaction Approval Committee, screening complex transactions and interacting with the bank’s credit committee. He joined BNP Paribas as Global Head of Securitization in 2005, with responsibility for managing all origination and structuring teams, including infrastructure. Prior to joining BNP Paribas, Tim held senior roles at Morgan Stanley in London as Head of Securitized Products Distribution and Paine Webber in New York.

Tim has served as an independent consultant to the Company since 30 January 2018 and has provided guidance to the Board on the overall approach to risk management across the Company’s portfolio.

Margaret is currently a Non-Executive Board Member and Chair of the Audit and Risk Committee of VH Global Sustainable Energy Opportunities plc and a Non-Executive Director of AVI Japan Opportunity Trust plc. Margaret was a partner at KPMG until 2016, having qualified as a Chartered Accountant in 1988. From 2007, she played a key role in building KPMG’s Global infrastructure practice, also leading UK and international due diligence and structuring services on major merger and acquisition transactions and public private partnerships. Margaret was a Trustee, Director and Chair of the Audit Committee of the Nuclear Liabilities Fund until January 2024, a Non-Executive Board Member and Chair of the Audit and Risk Assurance Committee of the Department for Exiting the European Union until 2020 and formerly a Board Trustee of the London School of Architecture. Margaret is British and resident in the United Kingdom.

Paul was formerly an executive director and senior portfolio manager of FRM Investment Management Limited, a subsidiary of Man Group, has over 20 years of Board level experience within the closed-ended investment fund sector, and brings a substantial knowledge of the global investment industry and product structures. Paul graduated from University College London, originally qualifying as a Chartered Engineer and later received an MBA from Heriot Watt University. Paul is currently a non-executive director of TwentyFour Income Fund Limited and of NextEnergy Solar Fund Limited, and chair of the audit committee of RTW Biotech Opportunities Limited. Paul was previously audit committee chair of Bluefield Solar Income Fund Limited, UK Mortgages Limited, Thames River Multi Hedge PCC Limited and Cazenove Absolute Equity Limited.

Selina Sagayam brings deep corporate finance and legal experience from her employment at Gibson, Dunn & Crutcher where she led the firm’s Environmental, Social and Governance (ESG) Practice and was Senior Counsel in their Corporate Group until her retirement from the firm in October 2024. She also has extensive experience as a mergers & acquisitions, corporate governance, financial services and regulatory law adviser. Selina has previously been a Non-executive Director of Hastings Group Holdings PLC and a Non-executive Director of FCA-authorised Hastings Insurance Services Limited and served as Chair of its Risk & Compliance Committee. Selina was seconded as the Secretary to the UK Panel on Takeovers and Mergers. Selina also chaired Gibson Dunn’s UK Diversity & Inclusion Committee and sat on its Global Diversity Committee. She is a trustee and Vice Chair of the charity Refuge (and previously chaired its People, Nomination and Remuneration Committee), and is a member of the AIC’s ESG forum and is a non-executive director and inaugural ESG Committee Chair of The Renewables Infrastructure Group, a FTSE 250 listed alternatives investment fund.

Nicola was formerly an Associate Partner at Deloitte LLP and has over 30 years’ experience in the finance industry in the Channel Islands. She graduated from the University of Kent at Canterbury, achieving a BA (Hons) degree in Mathematics and Accounting and is a Fellow of the Institute of Chartered Accountants in England and Wales.

At Deloitte LLP, Nicola led teams in the provision of audit and controls engagements to both listed and private investment funds and asset management entities and also specialised in advising on accounting, corporate governance and risk management matters.

Nicola is also a Non-Executive Director of Partners Group Private Equity Limited, a company listed on the London Stock Exchange.