RBC Global Asset Management announced on July 27 the appointment of Andrew Hay as Head, Global Infrastructure Investments.
Based in Toronto, Hay will expand the firm's capabilities in private markets in a new role dedicated to the global infrastructure space, says RBC GAM. He will report to Michael Kitt, RBC GAM's Head of Private Markets and Real Estate Equity Investments,
"As a leader in investment management in Canada, we continually seek to add capabilities to our solution set and private markets have been a focus for us," said Dan Chornous, Chief Investment Officer, RBC GAM. "Among these, infrastructure investing can offer our clients the kind of return, yield and volatility profiles that are especially valuable in a world of low single digit interest rates.
Previously, Hay worked as a senior member of CPP Investment Board's infrastructure (private equity) team. He has an MBA from the Schulich School of Business and a Bachelor of Science with a major in Computer Science from York University.
