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.

In this more technical episode of Infra A Penny, our CEO gives a deep dive into SIMCo’s economic and market outlook for the next year. Randall Sandstrom unpacks how slowing growth, falling inflation and anticipated interest rate cuts in the US and UK could shape the investment landscape over the coming months.

We also explore how different regions are responding to changing economic conditions and what this could mean for infrastructure debt investors. If you’re interested in the macro forces driving markets, and how SIMCo is positioning for them, this episode offers an expert view from the top.

We flip the script for the second time, hearing from the companies we have lent to and partnered with on what it’s like to work with SIMCo.

In the last instalment of this special two-parter, our borrowers, Pioneer Point Partners and CCI, share how we’ve supported their projects and why strong lending relationships matter so much in infrastructure.

Whether you're a sponsor, looking for funding, or an investor curious about the asset class, this episode offers a rare behind-the-scenes look at what makes successful partnerships work in the infra credit space.

For the first time on 𝘐𝘯𝘧𝘳𝘢 𝘈 𝘗𝘦𝘯𝘯𝘺, we flip the script, hearing from the companies we have lent to and partnered with on what it’s like to work with SIMCo.

In this special two-parter, our borrowers, Workdry International and SDCL, share how we’ve supported their projects and why strong lending relationships matter so much in infrastructure.

Whether you're a sponsor, looking for funding, or an investor curious about the asset class, this episode offers a rare behind-the-scenes look at what makes successful partnerships work in the infra credit space.

This episode we're joined by a longstanding member of SIMCo, Keeler Mears, to discuss the complex but critical topic of the Energy Transition.

Hear Keeler's insights on how economies need to go beyond just replacing fossil fuels and rethink how we generate and deliver power in a way that’s clean, resilient, but also equitable.

We discuss some of the challenges, like intermittency and policy uncertainty, posed to the real momentum that’s being driven by innovation, global collaboration, and strategic capital allocation, including by the likes of SIMCo as we have and continue to finance projects that support the global Energy Transition.

We sit down with a few SIMCo colleagues to chat about their experience of this year's offsite to Leeds Castle in Kent and get to hear some of their highlights and learnings from these kind of team getaway days.