EG is pleased to announce the appointment of James McAdam to the role of Fund Manager for the Yield Plus Infrastructure Property Fund No. 2 (YPI2).
Formerly a Portfolio Manager with CIP Asset Management at Challenger Group, James joins EG with twenty years’ experience across the funds management and finance industries.
“It’s a pleasure to welcome James to EG as Fund Manager for YPI2,” said EG Executive Director, Roger Parker. “His expertise in fund, portfolio and asset management is a great addition to the depth of the EG team”.
The YPI2 strategy seeks to acquire a portfolio of yield-producing real estate assets located in close proximity to new or upgraded infrastructure. To this end, EG also recently acquired a well-located Melbourne office asset at Abbotsford for YPI2.
As the Fund matures, it is now entering its consolidation phase, allowing James the opportunity to focus on strategy execution. He will also lead the strategic delivery in EG’s newly launched Urban Regeneration Joint Venture, which continues the success of YPI2.
James McAdam says, “It’s an exciting time to join EG. I’m looking forward to managing the YPI2 Fund and leading the team in delivering the asset strategies for the 12 assets in the Fund.”
Founded in 2000, EG has $4.3 billion under management on behalf of super funds and private wealth clients to generate outstanding returns with lasting social impact. With $3.9 billion in development pipeline, and 16.7% per annum in realised IRR for institutional funds, EG is committed to finding a better path to better returns.