Principal Asset Management names private infrastructure debt head 

Private Equity Wire

Principal Asset Management, the $545bn global investment business of Principal Financial Group, has appointed Mansi Patel as Senior Managing Director to oversee its newly launched private infrastructure debt investment team. 

In her new role, Patel will oversee growth, operations and strategy of the team. She is based in New York and reports to Todd Everett, Global Head of Private Markets.

According to a press statement, the new segment will focus on “a diversified portfolio of private infrastructure debt, targeting thematic investments in globalisation, decarbonisation and electrification”.

Prior to joining Principal, Patel served in various roles at MetLife Investment Management, including as Managing Director and Head of Infrastructure Debt for the Americas and Asia Pacific.

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