Morgan Stanley Infrastructure

Morgan Stanley Infrastructure ("MSI") is a leading infrastructure investment platform. MSI employs a value-creation investment strategy that focuses on operational improvements to create efficiency, while significantly de-risking the assets in which it invests.

Creating Value at a Regulated Asset: Southern Star Central Gas Pipeline

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The Creation of Madrileña Red de Gas

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Chicago Parking Meters' Smart Technology System

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OECD Assets Within Morgan Stanley Infrastructure Portfolios



  • Eureka Hunter
    Acquired September 2014

    Eureka Hunter is a natural gas gathering pipeline system, strategically situated in shale gas basins of the U.S. Northeast.



  • Southern Star
    Acquired March 2010

    Southern Star is a primary gas transmission/storage facility provider for several major Midwest U.S. cities.



  • Madrileña Red de Gas
    Acquired April 2010

    Madrileña Red de Gas is the second-largest gas distributor in Madrid and third largest in Spain



  • Chicago Parking Meters
    Acquired February 2009

    Chicago Parking Meters is the third-largest metered parking system in the U.S., the first and largest asset of its kind to be concessioned under a public-private partnership.



  • Medical Area Total Energy Plant
    Acquired May 2010

    Medical Area Total Energy Plant is the sole provider of essential electricity, steam and chilled water to off-takers in one of the busiest medical zones in the U.S.



  • Affinity Water
    Acquired June 2012

    Affinity Water is the largest regulated water-only company in the U.K. by revenue.



  • Eversholt Rail Group
    Acquired December 2010

    Eversholt Rail Group is one of three leading train-leasing companies in the U.K., with approximately 29% of total current British passenger rail fleet.



  • Montreal Gateway Terminals
    Acquired March 2007

    Montreal Gateway Terminals is the dominant operator at Port of Montreal and second-largest container facility in Canada.



  • Agorá Investimenti
    Acquired February 2008

    Agorá Investimenti is the manager of Venice area airports, the third-largest area in Italy after Rome and Milan.


Meet Our Team

Markus Hottenrott

Markus Hottenrott

Markus Hottenrott is a Managing Director and Chief Investment Officer of MSI. Throughout his 16-year career at Morgan Stanley, Markus has developed an in-depth understanding of the global nature of the infrastructure industry. Since joining MSI, he originated and led the execution of an investment in Agorà Investimenti, the acquisition of Madrileña Red de Gas (“MRG”) and its subsequent bolt-on acquisition, and co-led MSI’s execution of the Montreal Gateway Terminals transaction as well as the investment in the debt of British Airport Authority and the subsequent exit from the position. In his role as CIO, he was involved in the acquisitions of Continuum Wind, Affinity Water and General Electric’s stake in Southern Star. He currently serves on the board of directors of several MSIP I assets, including Montreal Gateway Terminals, Agorà Investimenti and MRG. Prior to joining MSI, Markus co-headed Morgan Stanley’s European transportation and infrastructure industry group in the Investment Banking Division, where he specialized in privatizations and structured finance transactions in Europe and the Middle East. Before that, in the Firm’s German office, Markus concentrated on the public transportation and infrastructure sectors. Markus has a legal background and studied at the universities of Heidelberg, Dresden and Munich. He wrote his doctoral dissertation in law at Humboldt University in Berlin.

Chris Koski

Chris Koski

Chris Koski is a Managing Director and Global Head of Investment Strategy for MSI. Chris works with the MSI regional heads to provide a global perspective with respect to both new investments and the existing portfolio. He is responsible for the investment processes leading up to the Investment Committee process. Chris has over 21 years of experience, the last 10 years focused on infrastructure investing, including involvement in some of the most notable transactions in the industry such as an investment alongside MSIP I in Chicago Parking Meters. Prior to joining MSI, Chris was Global Head of Infrastructure at the Abu Dhabi Investment Authority (“ADIA”). He joined ADIA in 2007 to set up its infrastructure investment capability, building an experienced team of people and a substantial portfolio of investments around the world, including Gatwick Airport in the U.K., Port of Brisbane in Australia and Intoll (Highway 407 in Canada). Prior to this, Chris was a senior member of the infrastructure team at the Canada Pension Plan Investment Board, where he also helped to build a large-scale infrastructure program from inception (notable investments included Anglian Water Group in the U.K.). He worked previously in investment banking at RBC Capital Markets and in investment management at the Toronto Dominion Bank. Chris holds an M.B.A. with high honors from the University of Chicago and a Bachelor of Commerce with distinction from the University of Toronto. He is also a Chartered Financial Analyst.

Mark McLean

Mark McLean

Mark McLean is a Managing Director and Head of Asia-Pacific for MSI. He has over 19 years of experience in investment management and investment banking, including extensive experience in Australia in the investment and management of infrastructure opportunities. Mark is focused on generating opportunities for MSI in OECD counties in the Asia-Pacific region and is based in Melbourne. Prior to joining MSI, Mark was a Managing Director at Credit Suisse Australia, where he originated and executed M&A, equity and debt transactions. He previously worked at Deutsche Bank's Infrastructure Investment Group, where he oversaw several notable investments and he held board positions at portfolio companies Porterbrook Leasing Company Limited and Angel Trains International Limited. Mark also worked at Macquarie, where he was involved in several successful principal investments and a wide range of investment banking transactions including corporate finance, mergers, acquisitions and private equity. Mark holds a Bachelor of Commerce and Bachelor of Laws with First Class Honors from the University of Melbourne.

John Veech

John Veech

John V. Veech is a Managing Director and Head of Americas for MSI. With over 25 years of principal investing, advisory, and project finance experience, John has extensive knowledge in acquisitions, financings and management of infrastructure assets. Since joining MSI, he has had responsibility for all of the Americas team’s investment activities, including the investment of $2.7 billion in equity across several industry verticals, and led the Southern Star Central Gas Pipeline and Eureka Hunter Gas Gathering System investments. John is a member of the Investment Committee and Valuation Committee for MSIP I and MSIP II, and he serves on the boards of Southern Star Central Corp., Chicago Parking Meters, LLC., MATEP, and Eureka Hunter Holdings LLC. Prior to joining MSI, John was a Managing Director in Lehman Brothers’ Private Equity Division and, previously, Global Head of Lehman Brothers’ Global Project Finance. There, his team underwrote or placed in excess of $35 billion of capital markets project debt, and received numerous Deal of the Year awards. Prior to this, John was a Vice President at Salomon Brothers and an attorney with Skadden, Arps, Slate, Meagher & Flom LLP and with the U.S. Securities and Exchange Commission. John holds a J.D., cum laude, from Boston University School of Law, where he was an editor of the Annual Review of Banking Law, as well as a B.S. in Accounting, magna cum laude, from Lehigh University, College of Business and Economics.

John Watt

John Watt

John Watt is a Managing Director and Head of Asset Management for MSI. John brings more than 31 years of experience in infrastructure acquisition and asset management to his role at MSI, addressing operating issues that include finance, regulatory and technical challenges. In addition to working with company management on strategic and operational issues, he also heads risk management activities, ensuring that assets are appropriately hedged and insured. He provides leadership and direction on the boards of MSIP I’s portfolio companies, typically as either Chairman or lead director. Before joining MSI, John was Director of the Infrastructure Group for Ontario Teachers Pension Plan, where he executed more than $5 billion of transactions in the energy & utilities space. He also served as Co-Chairman of the boards of both Northern Star Generation and InterGen NV. Prior to this, he held senior management roles at Ontario Power Generation, the government owned power utility, and operating roles at TransAlta and Amoco, and has experience with the oil, gas and power sectors both as an investor and as an operator. John holds an M.B.A. from the University of Western Ontario as well as a B.A.Sc. in Chemical Engineering from the University of Toronto.

Jim Wilmott

Jim Wilmott

Jim Wilmott is a Managing Director and Head of Europe for MSI. A 26-year veteran of Morgan Stanley, Jim has been investing in principal transactions since 1996 across a range of asset classes and geographies. Since joining MSI, Jim has taken significant roles in numerous transactions, including leading an MSIP I consortium in acquiring Eversholt Rail Group. Jim also serves on the boards of Eversholt and Affinity. Prior to joining MSI, Jim was responsible for establishing Morgan Stanley’s Principal Investing business in Europe, a special situations, on-balance sheet investment platform. Prior to this, he was Deputy Head of the Principal Investment Department that oversaw Princes Gate Investors, a series of global special situations equity funds that focused on growth and bridge equity, minority investments and structured equity investments. In this role, he spent over six years originating, structuring, managing and exiting investments across a wide variety of sectors and regions. Jim was also a founding member of the Morgan Stanley Bridge Fund, where he originated and managed high-yield bridge loans for four institutional investors, including Morgan Stanley. Jim holds an M.B.A. from Harvard Business School where he graduated with distinction. In addition, he received his A.B. in Economics from the University of North Carolina at Chapel Hill, where he was a Morehead Scholar.


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Locations

  • New York
    1585 Broadway New York, NY 10036 United States
  • London
    20 Bank Street, Canary Wharf London E14 4 AD United Kingdom
  • Melbourne
    Level 53, 101 Collins Street Melbourne, VIC 3000 Australia
  • Hong Kong
    International Commerce Centre 1 Austin Road West Kowloon Hong Kong
  • Amsterdam
    Coengebouw, Kabelweg 37 Amsterdam 1014 BA Netherlands
  • Mumbai
    18F/19F, Tower 2, One Indiabulls Centre 841, Senapati Bapat Marg Mumbai, 400013 India

About Morgan Stanley Merchant Banking & Real Estate Investing

Morgan Stanley Infrastructure is part of Merchant Banking & Real Estate Investing, the Firm’s direct private investing group that puts capital to work for a diverse client base worldwide, employing a consistent, proven value-creation approach across a full range of strategies and providing deep resources for best-in-class reporting, operations and risk management.


Contact Us

For more information about Morgan Stanley Infrastructure, please contact
msipinvestor@morganstanley.com