In this episode, our CEO and CIO, Randall Sandstrom explains the important factors distinguishing infrastructure credit vs general corporate credit (private and public).

The five key points:

1. Demand for infrastructure capital far outstrips the supply of infrastructure capital (the “infrastructure investment gap”).
2. Infrastructure is a defensive asset class providing essential services with relatively inelastic demand that tends to outperform industrial credit in times of economic weakness.
3. Infrastructure debt is a heavily covenanted asset class with extensive credit enhancements that are often lacking in corporate credit.
4. Often, infrastructure revenues are contracted and steadier, which decreases business risk.
5. Infrastructure lending is normally against mission critical, hard assets.

Hear how these factors contribute to infrastructure credit returns being less volatile with lower default rates and lower loss rates than general corporate credit.

In this episode of Infra A Penny, we take a closer look at what fund operations really means at SIMCo and why it’s far more than a traditional back-office function.

Leah is joined by Daniel Hoodeh, Head of Fund Operations, to explore how portfolio management, liquidity oversight, hedging, reporting, and operational controls all play a central role in running infrastructure credit funds effectively.

Dan shares his career journey through global institutions and reflects on what drew him from large-scale banking into the fast-paced, high-ownership environment of a boutique infrastructure credit manager.

Whether you’re curious about the inner workings of private credit funds, considering a career in fund operations, or interested in how infrastructure investing is supported behind the scenes, this episode highlights just how impactful the function can be.

In this episode of Infra A Penny, we sit down with Anurag Gupta, SIMCo’s Chief Risk Officer and Chair of the Investment Committee. Anurag oversees risk management, compliance, and operations across our funds, bringing over two decades of experience in project finance and infrastructure investment.

Together, we cover Anurag’s career journey, including his role on the Board of TfL and the unique perspective it brings, and how he became SIMCo’s CRO. Anurag talks us through standout projects across transport, power, and social infrastructure from his career and shares insights into the future of nuclear power, including the landmark Sizewell C project.

This conversation offers a behind-the-scenes look at the crucial role of risk management in infrastructure investing and why it sits at the heart of what we do at SIMCo.