ING Investment Management Appoints New Head of Project Finance

ING Investment Management Co., the money management unit of ING Groep NV (INGA), has appointed Alistair Perkins as head of project finance.

Perkins was hired from Dexia Management Services Ltd., where he was head of restructuring and asset sales, according to an e-mailed statement from the company. He will report to Han Rijken, head of fixed income insurance, it said.

“There is considerable investment potential for European pension funds and insurance companies in developing debt financing for long-term capital projects such as energy, natural resources and infrastructure projects,” Jelle van der Giessen, chief investment officer for insurance at ING IM, said in the statement.

To contact the reporter on this story: Stephen Morris in London at smorris39@bloomberg.net.

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net.

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