Ancala announces firm-wide promotions following continued success

Within Ancala’s Investment and Asset Management teams, Chris Lee-Evans, Tasso Politis, Luke Rotondella and Oliver Tatam have been promoted to Director. Nick De Rivaz and Jose Orellana have been promoted to Vice President, while Nick Aldridge, Duncan Nixon, Joseph Slim and Seán Toner have progressed to Associate.

Ancala has also made promotions across other functions, with Alex Dickie promoted to Marketing & Communications Director, Cordelia Evans to Executive Manager, and Charlotte Botschinsky to Senior Operations Manager.

The promotions reflect Ancala’s growing position as a leading infrastructure fund manager. The firm currently has total AUM of circa €4.3bn and manages 20 investments operating in essential infrastructure sectors including renewable energy and energy transition, transport, utilities and the circular economy.

The promotions follow a continued period of success at Ancala, underpinned by capital deployment, value creation and broader business development. In 2024, Ancala completed transactions including investments in smart metering, creating the largest independent platform in Germany, and Phoenix Rail, a short-line rail specialist in the U.S., and exited Dragon LNG, one of the UK’s three liquified natural gas terminals. Ancala’s proactive asset management led its portfolio companies to increase revenues by an average of 12% in 2024¹. The firm also increased its headcount by 25% and launched a U.S. office.

This month, Mark Rudovic will join Ancala’s Investor Relations team as Head of North American Coverage, based in New York. Mark joins Ancala from leading global capital advisory firm Hodes Weill & Associates where he built and led the firm’s Real Assets business as Managing Director and Head of Real Assets.

Spence Clunie, Managing Partner, Ancala, comments:

“We are delighted to confirm these promotions across the firm. They recognise the significant contributions these individuals have made towards the continued growth of Ancala and our portfolio companies. These promotions highlight the strength and depth of our team and reinforce our commitment to our meritocratic culture that rewards performance and supports career progression.”

Ancala has a long track record of growing critical infrastructure companies. To date, it has provided more than 45% of the initial investment capital in follow-on funding to drive its portfolio firms to grow organically and through acquisition. On average, its portfolio companies have grown revenues by more than 70% since the leading infrastructure manager first invested.¹

References

1. Ancala data as of end of 2024.