London-based investment manager Redwheel has created a new Emerging Markets (EMs) Impact Opportunities team – appointing Nandita Sahgal, James Kinsbrook and Raviraj Salecha to kickstart its work. Sahgal will lead the team, while all three have worked together for the past six years on energy transition investment strategies across diverse technologies in emerging Asian markets at EM Impact Capital and at cleantech company ThomasLloyd. The team will focus on investing in mid-market private infrastructure companies across three key sectors – energy generation and storage, transport and mobility, and circular economy in EMs across Asia, excluding China. Redwheel is due to launch an EM Impact Opportunities Fund following the team’s appointment. “Investing across the energy transition spectrum can generate long-term, attractive risk-adjusted and impactful returns,” said Tord Stallvik, CEO at Redwheel. “Nandita, James and Raviraj’s specialised expertise investing in essential transition infrastructure in EMs will complement the existing public and private markets strategies in our growing sustainable thematic franchise.” Redwheel has expanded a number of its sustainable thematic franchises, including through the acquisition of assets from specialist sustainable infrastructure and environmental solutions investor Ecofin, and the launch of Redwheel Clean Economy Strategy, managed by Partner Amanda O’Toole.
