Greencoat UK Wind co-manager Fumagalli to step down

Current co-head of Schroders Greencoat

Greencoat UK Wind’s (UKW) co-manager Laurence Fumagalli is set to step down from his role as co-head of Schroders Greencoat, the trust’s investment manager, on 1 March next year.

In a stock exchange notice today (7 December), the board said Matt Ridley, partner at Schroders Greencoat, will succeed Fumagalli to co-head the investment management team and manage UKW alongside existing co-manager Stephen Lilley.  Ridley currently serves as head of private markets at Schroders Greencoat, where he has delivered private markets capital for co-investment alongside the trust and has contributed to strategy, valuation, investment and other board matters during his time at the firm. Greencoat UK Wind boosts annual dividend and launches £100m buyback scheme He has 16 y...