An experienced Investment Adviser
Sequoia Economic Infrastructure Income Fund is managed by Sequoia Investment Management Company (“Sequoia”), a specialist in infrastructure debt asset management. Its seasoned directors each have 20-30 years or more of senior-level experience in infrastructure origination and advisory, asset management, credit analysis and risk management.
The directors are supported by a team of experienced credit professionals, consisting of vice presidents, associates and analysts.
Randall Sandstrom CEO / CIO
Randall Sandstrom has 27 years of experience in international and domestic credit markets and infrastructure debt markets. He has managed global high yield and investment grade bonds, leveraged loans, ABS and money market securities. His prior roles have included member of the Board of Directors and MD of Structured Finance, LCF Rothschild and Head of Euro Credit Market Strategy, Morgan Stanley. Earlier in his career Mr Sandstrom was an “I/I” ranked hard asset industrial Credit Analyst at CS First Boston (energy & transportation). He has worked in London, New York and Tokyo.
Dolf Kohnhorst Chief Risk Officer
Dolf Kohnhorst has 35 years of experience in investment banking, debt capital markets and project finance commercial lending. He was Head of Société Générale’s Financial Institutions Group covering UK, Irish, Benelux and Scandinavian banks, insurance companies, pension funds and investment management companies, where he had zero recognized losses in his loan book throughout the financial crisis. Prior to that Mr Kohnhorst spent 16 years with Morgan Stanley heading the Benelux and Scandinavian sales teams and DCM Structured Solutions. Earlier in his career he gained experience in commercial lending to the shipping, construction and project finance sectors.
Steve Cook Portfolio Manager
Steve Cook has 19 years of infrastructure experience and brings to the firm strong structuring and credit analysis skills. Prior to his position with the Investment Adviser he was European Head of Whole Business Securitisation and CMBS, and Co Head of Infrastructure Finance at UBS. Before that he was the Head of European Corporate Securitisation at Morgan Stanley. At Morgan Stanley and UBS, Mr Cook had zero losses on over £5 billion of loan originations. Mr Cook has been involved in a wide variety of infrastructure projects in the UK and across Europe as a lender, arranger and adviser.
Greg Taylor Portfolio Manager
Greg Taylor has more than 30 years of infrastructure experience. He was the Head of Infrastructure Finance at Merrill Lynch and Co Head of Infrastructure Finance at UBS where he was involved in numerous transactions at Merrill Lynch and UBS where the investment bank was asked to participate as a direct lender in sizes of up to £1 billion. The assets over which the lending was secured included airports, water and sewerage companies, oil refineries, rolling stock and toll roads. Mr Taylor’s responsibilities included credit analysis, structuring and presenting the transaction to the credit committee.
Prior to that Mr Taylor developed Moody’s methodology for rating regulated infrastructure companies and worked for 15 years in the US municipal bonds market. He has thus gained a broad infrastructure perspective as bond arranger, direct lender, credit analyst and financial adviser to both borrowers and the public sector in Europe, the UK, North America and Latin America.