Infrastructure equity capabilities 'jewel' in River and Mercantile crown

Led by Ian Berry

River and Mercantile’s recently formed infrastructure investment capability is the “jewel” of the business, according AssetCo deputy chair Peter McKellar.

Speaking on a wire call following the news that AssetCo's all-share acquisition representing a £98.8m sale had been accepted, McKellar said while the firm was "delighted" with the entire purchase of RMG's asset management business, he highlighted the Ian Berry-led infrastructure arm. Berry joined the group in January 2021 after more than a decade at Aviva Investors and brought a number of colleagues with him to establish the business. McKellar particularly noted the team's investment in UK renewable infrastructure, which he described as offering a "high income infrastructure opportuni...