Kohlberg Kravis Roberts has announced the appointment of Vincent as a Director in its Infrastructure team.
Policard, who will be based in London, will be responsible for originating and executing transactions in the European infrastructure sector.
He joins KKR from Morgan Stanley, where he most recently spent three years in the firm's infrastructure fund team (MSI). Here he was responsible for originating and executing transactions in the European infrastructure sector, most notably playing a leading role in MSI's investments in Madrilena Red de Gas, the Spanish gas distributor, and Eversholt Rail Group, theUKrolling stock leasing company.
Over the last year, KKR's global infrastructure fund made four significant investments, with three of these coming from the European Infrastructure team: in June it partnered with Sorgenia to invest in operating wind assets in France, in July it partnered with Munich Re to acquire a 49% equity stake in Grupo T-Solar, the largest European solar photovoltaic (PV) power generator, and in November it partnered with Criteria CaixaHolding,Torreal, andProA Capitalto acquire an equity stake in Saba Infraestructuras, a leading car parks and logistics operator. In December, KKR's U.S. infrastructure fund formed a partnership with Google to acquire a portfolio of solar PV projects inCaliforniafrom Recurrent Energy. The partnership involved the creation by KKR of SunTap, a new venture to invest in solar projects in the U.S.
Commenting on his appointment, Policard said: 'Infrastructure as an asset class offers tremendous opportunities and I am excited to be joining such a strong and growing team in this area. KKR has the skills, track record and ambition to become a leader in infrastructure and also brings a great spirit of partnership to each investment it enters. I look forward to applying my experience to further establish KKR's global infrastructure platform'.
Marc Lipschultz, Global Head of KKR's Energy and Infrastructure business, said: 'Today's announcement represents a further step in the development of KKR's energy and infrastructure effort. Being able to attract such senior talent to KKR is a testimony to the growing strength of our infrastructure franchise. Vincent brings with him significant transaction experience, having spent fifteen years in the financial and investing industries and he also has a strong knowledge of all key European markets and established relationships across the sector. He led his teams at Morgan Stanley on notable investments in the infrastructure space and we look forward to welcoming him to the team at KKR'.
Jesus Olmos, European Head of KKR'sInfrastructure Fund, added: 'We are very pleased to welcome Vincent to our Energy & Infrastructure team inLondon. Vincent brings complementary skills to the existing team in terms of execution capabilities and geographic reach, and we look forward to working with him as we build on our strong position in the European energy & infrastructure sector'.
Prior to his most recent role, Policard spent nine years in Morgan Stanley's investment banking division, providing advice on M&A and financing issues to corporates and financial sponsors across a variety of sectors and geographies. Before joining Morgan Stanley, he spent three years in BNP Paribas' investment banking division, based in Frankfurt.