CFSGAM expands US footprint with senior hires

Colonial First State Global Asset Management made four senior appointments amid growing institutional demand for infrastructure.

CFSGAM, which is known as First State Investments in North America, hired John Ma as a director to oversee new investment opportunities in the region.

Ma was previously chief of staff at the Port Authority of New York and New Jersey, where he held a senior management role overseeing the region's major infrastructure assets.

Diloshini Seneviratne was appointed to the board which oversees some of CFSGAM's funds.

Seneviratne was previously responsible for developing, building and launching the infrastructure portfolio of CaLSTRS. Prior to that, she managed real asset investments for CalPERS.

Leigh Cruess joins as a senior adviser after 18 years with Enbridge, a Canadian energy transportation company.

Prior to Enbridge, he was head of corporate development for UtiliCorp in Kansas City.

Terry Mah also joins as a senior adviser following a 20-year tenure at Veolia Group. At Veolia, he was most recently head of North America and managed a business that hired 8000 people in the water, energy and environmental fields.

Heather Brilliant, managing director for the Americas and acting chief operating officer said infrastructure continues to be an attractive investment for institutional investors, due to the higher yields and stability offered by this asset class.

"Our four new appointments help us further our growth ambitions and enhance our capacity to serve institutional clients across the Americas, and I am pleased to welcome each of these experienced individuals to the team," she said.

Read more: CFSGAMColonial First State Global Asset ManagementFirst State InvestmentsHeather Brilliant
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