Felicity Gates Co-head Citi Infrastructure Investments

Earlier this year, Felicity Gates was tapped to co-run Citi Infrastructure Investors, a new division of Citi Alternative Investments, alongside Juan Bejar. She previously helped RREEF, the infrastructure and property arm of Deutsche Bank, establish its North American operations. As the first infrastructure portfolio manager in Australia, Gates had a front-row seat as infrastructure investment took off there in the mid-1990s: Working for the New South Wales superannuation fund, Gates participated in a number of high-profile deals like the acquisition of Melbourne airport for A$1.3 billion ($1 billion; €773 million) and the acquisition of United Energy for A$1.5 billion. Prior to that, she worked in infrastructure investment and project finance at Macquarie Bank and Bankers Trust. Preparing for a trip to Australia, Gates took a few minutes to talk about the early days of infrastructure investment in Australia.