Senior Leadership

What attracted you to Ancala? I had been working at a large investment institution with thousands of employees and was looking to work for a smaller, entrepreneurially-minded fund manager that was growing quickly. Ancala was in the process of raising...

Spence founded Ancala in 2010 with the objective to deliver infrastructure investment differently.   Spence is involved in all aspects of Ancala’s business including overall business management, originating and executing investments, asset management, investor relations, operations and on-going business development and...

Those included have demonstrated evidence of leadership and innovation along with outstanding achievements across investment activity, asset management and fundraising. Ankur has demonstrated all of this in abundance throughout his career. He was previously part of the infrastructure teams at...

How does it feel to be made a partner at Ancala? Tim: I get a real sense of pride. When I joined Ancala in 2015, we were working in a small office with only a handful of people on Gracechurch...

Ankur is heavily involved in Ancala’s investment activity and works closely with Ancala’s portfolio companies. He joined Ancala in 2016 and is a member of Ancala’s management, investment and valuation committees. During his time at Ancala, Ankur has completed investments...

Karen is heavily involved in Ancala’s investment activity, works closely with Ancala’s portfolio companies and oversees the firm’s investor relations and fundraising activity. She joined Ancala in 2017 and is a member of Ancala’s management, investment and valuation committees. Karen has...

Lee leads Ancala’s investment activity in North America from the firm’s New York office. He also works closely with Ancala’s portfolio companies. Lee joined Ancala in 2010 and is a member of Ancala’s management, investment and valuation committees. At Ancala,...

Tim is heavily involved in Ancala’s investment activity and works closely with Ancala’s portfolio companies. He joined in 2015 and is a member of Ancala’s management, investment and valuation committees. At Ancala, Tim has completed investments in the energy transition...

As an Industry Partner, Heike works alongside Ancala’s investment, asset management and portfolio company teams across investment sourcing, due diligence, asset management and exits. She first started working with Ancala in 2022 and became an Industry Partner in 2026. Heike...

As an Industry Partner, Kurt works alongside Ancala’s investment, asset management and portfolio company teams across investment sourcing, due diligence, asset management and exits. He joined Ancala in 2017 and has more than 40 years’ engineering experience working with various...