3i infrastructure head Hogg quits group

3i's head of its £1.2bn 3i Infrastructure trust, Cressida Hogg, has quit the firm to take on an unnamed role outside the group.

Hogg - who was also managing partner - will be replaced by Phil White and Ben Loomes, who will become co-managing partners of the infrastructure business. 3i CEO Simon Burrows said: "Today's announcement represents another important step in the development of our infrastructure business. "I am sorry to see Cressida leave our business and would like to thank her for her contribution over the years. "Her departure provides an opportunity to promote a number of very talented individuals and, in doing so, bring further energy and focus to investment origination and business development...