News

• Paul David brings 35 years of experience in infrastructure investing, as one of the founding members of Infrastructure Debt at Allianz and spearheading its expansion in the United States
• Denham’s Sustainable Infrastructure Credit platform expects to reach $2 billion of gross deployment across over 40 global transactions by year end
• Led by industry veteran, Jorge Camiña, the dedicated credit team has achieved rapid growth in just four years

28 April, Jersey City – Denham Capital, the global energy transition investment firm, announces the appointment of Mr. Paul David as Operating Partner for its Sustainable Infrastructure Credit Platform.

Mr. David brings 35 years’ experience in infrastructure credit and investment management across a variety of geographies and investment segments, including institutional investment, insurance guarantees and banking. He has held senior positions at both Allianz Global Investors and MBIA.

Mr. David has a proven track-record of founding and developing new investment ventures. In his most recent role at Allianz Global Investors, Mr. David was one of the founding members of the Infrastructure Debt team that successfully established the platform in Europe. Following this, he established the Americas Infrastructure Debt Team, building an investment team, fundraising from third-party institutional investors, and identifying strategic opportunities across geographies and sectors, resulting in growing the business to over $8 billion of AUM from nothing.

Denham’s Sustainable Infrastructure Credit business is a direct origination platform for both investment grade and high-yield private infrastructure credit. The platform holds investments in sustainable infrastructure assets across the US, Latin America and Europe, and is expecting to reach $2bn of gross deployment by the end of 2025, across over 40 transactions. Since the platform’s inception in 2021, the team has executed investments across wind, solar, clean data centers, batteries, hydro, biogas, transmission and utility assets, across multiple geographies and currencies.

Justin DeAngelis, Global Head of Sustainable Infrastructure at Denham Capital said: “With an exceptional track record in fundraising and investing, Paul is ideally positioned to drive the continued growth of our Sustainable Infrastructure Credit business. In the short time since the platform was established in 2021, our Credit team has executed a high volume of transactions across geographies and asset classes. We are delighted to welcome Paul to Denham Capital, and I look forward to working together closely to build upon the business’ success to-date.”

Paul David, Operating Partner at Denham Capital, added: “I am excited to be joining Denham at a time of dynamic growth for its sustainable infrastructure credit business. I look forward to working alongside the Denham team and in particular with Jorge, with whom I worked at Allianz Global Investors with great success. I am impressed with what the credit team has already achieved in a relatively short period of time, and I look forward to building on the platform’s success and to help expand our client base.”

About Denham Capital

 Founded in 2004, Denham Capital is a global energy transition investment firm, having raised more than $12 billion (which includes funds now managed by Trace Capital) of capital across multiple sectors. Specializing in private equity, infrastructure and credit, we invest in sectors that are central to the economic and resource transitions happening globally. We deliver the metals and minerals and sustainable infrastructure needed for today and tomorrow.

Denham Capital sponsors entrepreneurs, delivering the financial resources and industry expertise needed to create and grow successful infrastructure and resource businesses. We seek to establish long term partnerships with entrepreneurs and companies who share our vision for growth and value creation. Our investment teams have extensive renewable power, infrastructure and mining investment experience, including technical experience as engineers, operators, and business owners.

Our firm is built on a foundation of experience, fairness, economic rationale, flexibility and trust, and we bring these values into every opportunity we pursue. We believe our tactical familiarity within our industry sectors along with a disciplined approach centered around fairness and shared success make us an ideal partner.

For more information, visit www.denhamcapital.com

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