ARA INFRASTRUCTURE

Mr Grant Dooley is Chief Executive Officer of ARA Infrastructure and is based in Singapore.

Prior to joining ARA, Mr Dooley spent six years at Hastings Funds Management (“Hastings”), where he was responsible for leading Hastings’ operations in Asia, with a specific focus on business development, institutional relationship building and fundraising activities in the Asian market.

At Hastings, Mr Dooley led a team that successfully raised approximately US$1.1 billion from Asian institutional investors and was also instrumental in forging Hastings’ investment partnership with the China Merchants Group, leading to the successful joint acquisition of the Port of Newcastle in 2014. Mr Dooley was also instrumental in securing other sources of Asian partner capital for various Hastings’ lead transactions, including Transgrid and UK National Grid.

Prior to joining Hastings, Mr Dooley had a successful career as one of Australia’s senior diplomats and trade officials in Asia, including serving as Australia’s Consul-General in Guangzhou and stints in Australian diplomatic missions in Jakarta, Shanghai, Beijing and Hong Kong.

Mr Frederic Devos is Head of Infrastructure Asset Management of ARA Infrastructure and is responsible for developing and implementing the asset management strategy for acquired infrastructure assets.

Mr Devos has over 25 years of experience in acquiring, managing and delivering outperformance in global infrastructure assets. Prior to joining ARA Infrastructure, Mr Devos was CEO of Asian Power Development Partners, an independent power producer developing utility scale projects across Southeast Asia. Prior to that, he was Global Head of Portfolio Management for Macquarie Capital, where he had direct oversight of its US$2.2 billion global investment portfolio. In this role, he led a significant review and the subsequent restructuring of Macquarie Capital’s global portfolio, resulting in asset outperformance.

Prior to Macquarie Capital, he was with CVC Capital Partners, Marly Partners and held various senior positions at Veolia, including CEO of Veolia Water UK, Ireland and Northern Europe.

Mr Kanishk Bhatia is Head of Infrastructure Investments, Asia, of ARA Infrastructure, responsible for origination, execution and management of infrastructure investments across Asia. Mr Bhatia also serves on the investment committee of ARA Infrastructure.

Mr Bhatia has almost 15 years of global infrastructure funds and private equity experience. Prior to joining ARA, Mr Bhatia was with Hastings Funds Management (“Hastings”), a leading infrastructure investment manager, for over 11 years. At Hastings, Mr Bhatia held various senior roles including Investment Director, Head of Asia Investments and Head of India and worked in London, Mumbai, Singapore and Sydney. In these roles, he developed extensive infrastructure investment and asset management experience across different markets and sub-sectors including energy, utilities and transport.

In particular, Mr Bhatia led a number of Hastings’ acquisitions and divestments including Phoenix Natural Gas, South East Water and HOCHTIEF airports (Hamburg, Dusseldorf, Athens and Sydney). Prior to Hastings, Mr Bhatia was a management consultant at L.E.K. Consulting in Chicago and London, advising private equity clients investing in various industry sectors including energy and transport.

Ms Carmen Chau is the Director of Legal at ARA Infrastructure and is responsible for all legal and compliance matters relating to ARA’s infrastructure business.

Ms Chau has more than 15 years of legal and business experience in Singapore, Hong Kong and China. Prior to joining ARA, she worked for an international law firm in Singapore as a seconded legal counsel to specifically support international corporations with businesses in China. Her portfolio included general commercial and capital markets advisory work. Ms Chau also practised as a capital markets and corporate lawyer with Freshfields Bruckhaus Deringer and Fried, Frank, Harris, Shriver & Jacobson in Beijing and Hong Kong, where she advised international investment banks on the listings of numerous leading Chinese companies in Hong Kong, including China’s largest wind power generation company. She has extensive experience in Hong Kong’s listing rules, compliance and general commercial matters.

Ms Chau began her career as a dispute resolution lawyer at King & Wood Mallesons and Stephenson Harwood in Hong Kong where she specialised in complex commercial, construction and shipping disputes. Ms Chau represented international corporations and Chinese state-owned enterprises in mediation, arbitration and court proceedings. In between her legal roles in Hong Kong and China, Ms Chau also founded and exited a successful education business in China as an entrepreneur.

Mr Shamik Chatterjee is a key member of the infrastructure investments team tasked with originating and executing investment transactions across Asia and is based in Singapore.

Mr Chatterjee has over 10 years of experience evaluating, conducting due diligence and acquiring infrastructure assets in Asia. Prior to joining ARA Infrastructure, Mr Chatterjee was Associate Director, Investments at ASMA Capital Partners, where he led several successful transactions for IDB Infrastructure Fund II, a US$ 750 million infrastructure fund supported by sovereign investors from the GCC and S.E. Asia. Prior to this, he was a key member of the investment management team for Core Infrastructure India Fund, a joint investment vehicle between Brookfield Asset Management, Kotak Mahindra Bank and SMBC targeting investments in India’s renewables, energy storage, transportation, water and waste management sectors. In this role, he was directly involved in several successful transactions and was a key member of the transaction team in Brookfield’s buyout of Indian toll roads.

Mr Lim Kong Puay is Senior Advisor, Power, of ARA Infrastructure. Until recently, Mr Lim Kong Puay was President and Chief Executive Officer of Tuas Power Ltd, a position he held since 2004. During his tenure, he successfully led the generation team to overcome challenges arising from Singapore’s move to liberalise its electricity market. He also oversaw the integration of Tuas Power’s core businesses, leading to enhanced efficiencies among its business units.

Under Mr Lim’s stewardship, Tuas Power also expanded its business beyond the core areas of electricity generation, trading and retail into new areas such as steam, cooling water and oil tankage services to industrial customers. This included the development of the Tembusu Multi-Utilities Complex which supplies steam, industrial and demineralised water to petrochemical companies in Tembusu, Jurong Island.

Mr Robert Campbell is a Senior Advisor, ESG, of ARA Infrastructure. He also chairs the Active-ESG Committee, which is mandated to actively identify and assess all ESG and sustainability risks and opportunities throughout the investment lifecycle from origination, due diligence and post investment to pre-exit.

Mr Campbell is currently a senior consultant on Asian infrastructure investment issues, with a particular focus on the transport sector. Prior to this, he was Director, Asia, at Hastings Funds Management (“Hastings”), where he was responsible for growing the firm’s existing business relationships in China and broadening the firm’s footprint in Asia.

Prior to Hastings, he was a Senior Expert at McKinsey & Co for 12 years and advised clients on government strategy and regulatory issues, finance and investment strategies, project planning and delivery, performance improvement in existing assets and risk management.

Mr Andrew Day is Senior Advisor, Telecommunications, of ARA Infrastructure. He was CEO of former leading global infrastructure funds manager, Hastings Funds Management (“Hastings”), where he was responsible for its strategic direction and management. Mr Day is also a member of the Infrastructure Partnership Australia Advisory Board.

Mr Day has extensive experience in the telecommunications sector. Prior to Hastings, his stints included CEO of investment company Eircom Holdings, where he managed the Irish telecommunications and Israeli directories businesses, CEO of Truvo, a European-based directories and search company and CEO of Sensis, Australia’s largest advertising and search business, and a 100% owned subsidiary of Telstra. Prior to these positions, Mr Day held various senior management roles at Telstra.

Mr Duncan Macrae is Senior Advisor, Utilities of ARA Infrastructure. He is Head of International Business at CK Infrastructure Holdings Limited (“CK Infrastructure”). He joined CK Infrastructure in 2011 and has over 24 years of experience in infrastructure investment. Prior to joining CK Infrastructure, he was Regional Head of Infrastructure Group at Abu Dhabi Investment Authority from 2008 to 2011 and Associate Director at Macquarie Group from 2005 to 2007.

Mr Macrae is a also a Director at Northern Gas Networks Ltd, Wellington Electricity Distribution Network Ltd, Northumbrian Water Group Ltd and Wales & West Utilities Ltd.

Mr Chiu Yue Seng is Senior Advisor, Financial Markets of ARA Infrastructure. He is Head of Corporate Finance at CK Infrastructure Holdings Limited (“CK Infrastructure”).

Mr Chiu has over 17 years of experience in investment banking and finance. Prior to joining CK Infrastructure, Mr Chiu was Managing Director of HSBC Hong Kong from 2012 to 2016, heading its Hong Kong business under the global banking division. Prior to that, he was Director of Asia at Bank of America Merrill Lynch for more than nine years and advised clients on over US$21 billion of public and private corporate finance transactions in the real estate, consumer retail, manufacturing, telecommunication, infrastructure/ logistics and financial institutional sectors.

Ms Hazel Chew is Chief Financial Officer of ARA Private Funds, responsible for the financial, treasury and tax functions of all the private funds managed by the Group.

Ms Chew has close to 30 years of financial management experience in the real estate industry. Prior to this, she was CFO Asia of Lend Lease Group from 2012 to 2015, where she oversaw the finance, treasury and tax functions, as well as provided financial oversight to the various funds which Lend Lease manages in Asia.

Ms Chew also held senior positions in several real estate companies including 17 years with CapitaLand Group. Her appointments in CapitaLand included the posts of CFO cum Joint Company Secretary of The Ascott Group Limited from 2005 to 2008, Senior Vice President (Finance & Corporate Services) of CapitaLand Commercial Ltd from 2008 to 2010 and Financial Controller of CapitaMalls Asia Ltd from 2010 to 2011. During her career, Ms Chew has been actively involved in project feasibility studies, acquisitions and divestments, mergers and restructurings, formation and listing of REITs, setting up of property funds, as well as equity and debt fund raisings. She has also implemented various accounting and consolidation systems and instituted internal control systems across multi-country operations.

Mr Mark Hwang is Head of Legal and Compliance of ARA Private Funds and is responsible for all legal and compliance matters relating to ARA’s private funds business.

Prior to joining ARA, Mr Hwang was Director of Legal and Business Development for a private investment company where he supervised and managed the legal affairs for a wide range of listed and unlisted businesses across Asia Pacific, including real estate, financial services, hospitality, resources and commodities, chemicals, retail, FMCG, automotive parts and tires.

Prior to that, Mr Hwang was an Executive Director in the real estate investment banking business of Morgan Stanley, where he built the bank’s first dedicated real estate coverage team for Southeast Asia.

Prior to Morgan Stanley, Mr Hwang practiced as a capital markets and corporate lawyer with Allen & Gledhill in Singapore and Paul Hastings in Hong Kong. In those roles, he helped to establish the REIT industry in both markets and was deeply involved in the majority of the first initial public offerings and follow on fund raisings by REITs in Singapore and Hong Kong.

Dr Chua Yang Liang is Head of Research & Strategy of ARA Private Funds where he is responsible for monitoring, evaluating and forecasting the macroeconomic environment as well as real estate markets in Asia Pacific. Through his analysis of the macro and micro market trends, Dr Chua provides ARA’s senior professionals with market intelligence to support their decision-making in investment, asset and portfolio management, and business initiatives across Asia Pacific. Dr Chua also serves on the investment committee of APF.

Prior to joining ARA, Dr Chua led the Southeast Asia research teams at Jones Lang LaSalle for over 11 years. His responsibilities included forecasting property markets, conducting market and development advisory, and providing commentaries to clients and the media on matters relating to property and urban policy issues. Dr Chua began his career in physical and strategic planning at the Urban Redevelopment Authority in Singapore.