3i is pleased to announce the promotions of John Cavill to Partner and of Antoine Matton to Director in its Infrastructure business.

John Cavill is based in London and has portfolio-wide responsibility for the asset management of greenfield and operational infrastructure projects. Antoine is based in Paris and has responsibility for deal origination, execution and asset management of projects and economic infrastructure investments. Both John and Antoine joined 3i in 2013.

3i’s Infrastructure business, which had assets under management of approximately £2.4bn as at 31 March 2016, invests principally in economic infrastructure businesses and greenfield projects.

Since 31 March 2016, the 3i team has advised 3i Infrastructure plc on three new investments:

• £75 million investment in Wireless Infrastructure Group (WIG), the second largest independent communications infrastructure provider in the UK;
• €200m investment in TCR, Europe’s largest independent asset manager of airport ground support equipment; and
• €5m commitment to the Hart van Zuid greenfield PPP project in the Netherlands.

Ben Loomes and Phil White, Managing Partners and Co-heads, Infrastructure, 3i Investments plc, commented:

“Following the continuing strong performance of 3i’s Infrastructure business, we continue to see good opportunities for new investments and to develop the business strategically. We are therefore delighted to announce the promotions of John and Antoine. They are high calibre professionals who bring substantial experience and knowledge in their respective areas.”

-Ends-

For further information, contact:

3i Group plc
Toby Bates
Media enquiries
Tel: +44 20 7975 3021
Email: toby.bates@3i.com

Imogen Harvey
Media enquiries
Tel: +44 20 7975 3027
Email: imogen.harvey@3i.com

Notes to editors:

About 3i Group
3i is an investment company with three complementary businesses, Private Equity, Infrastructure and Debt Management, specialising in core investment markets in northern Europe and North America. For further information, please visit: www.3i.com

About 3i’s Infrastructure business
3i is a leading European infrastructure investor, with a track record of investing in infrastructure since 1987. The current team of approximately 30 investment professionals advises and manages a number of infrastructure investment vehicles, including 3i Infrastructure plc and two PPP-focused funds, BIIF and BEIF II.
3i Infrastructure plc (“the Company”) is a Jersey-incorporated, closed-ended investment company, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company is a long-term investor in infrastructure businesses and assets. The Company’s market focus is on economic infrastructure in developed economies, principally in Europe, in the utilities, transportation and energy sectors, investing in operational businesses which generate long-term yield and capital growth. 3i Infrastructure also has investments in social infrastructure and is building its exposure to greenfield PPP.