iCON Infrastructure comprises a highly experienced
multi-disciplinary investment team

Investment Committee

Our infrastructure investment specialists are supported by a wider, immensely accomplished group with significant senior board and management-level experience in infrastructure, private equity and related industries.

  • Paul Malan
  • Iain Macleod
  • Daniel Agostino
  • Reiner Schränkler
  • Deryk King
  • Andrew Simon, OBE
  • Michael Smerdon

Michael Smerdon

Michael has led our North American activities since 2017 and is an observer of the Investment Committee.

Prior to that he was CFO of Capstone Infrastructure Corporation. He has two decades of experience in the infrastructure sector, primarily in Canada and the US. This includes principal investing, project financing, corporate financing, project development and financial advisory work across all major infrastructure sub-sectors.

Andrew Simon, OBE

Andrew is an independent board member of general partners within the iCON group of funds.

Andrew’s experience of CEO, board level, private equity and M&A work spans multiple jurisdictions and industries. He was previously Chairman and CEO at Evode Group for over 20 years. He has been a board member of numerous infrastructure companies including Associated British Ports, Severn Trent and Dalkia.

Deryk King

Deryk is one of iCON’s Managing Partners, is a member of our Investment Committee and is the Chairman of general partners within the iCON group of funds.

He has over 30 years of CEO and board level experience. Before joining iCON he was Chairman and CEO of Direct Energy (North America). He oversaw its growth from inception to 5,000 employees and €7 billion in revenue. Previous roles include senior management roles in ICI Group, and Group Managing Director and board member of Powergen plc.

Reiner Schränkler

Reiner is a partner and a member of iCON’s Investment Committee, based in our Düsseldorf office.

After 15 years in infrastructure M&A with Citigroup, Reiner joined Hochtief A.G. in Germany. He worked there for 7 years as a member of their Global Executive Committee and CEO of Hochtief Concessions A.G, which owned interests in six airports, seven toll roads on three continents and over 100 PPP projects in Germany, the UK and North America.

Daniel Agostino

Daniel is one of iCON’s Managing Partners and is also a member of the Investment Committee.

Daniel has been part of the iCON Team since 2005. His 18 years of infrastructure experience covers principal investment, infrastructure financing and project development. Prior to iCON, Daniel worked in the Energy & Infrastructure Group at Freshfields (London) and in project finance at Blake Dawson (Australia).

Iain Macleod

Iain is one of iCON’s Managing Partners and a member of the Investment Committee.

With two decades of infrastructure and corporate finance experience, Iain joined iCON in 2012. He previously spent over 11 years at Deutsche Bank where his roles included EMEA Head of Transportation and Infrastructure and Asia Head of M&A. He has led numerous landmark infrastructure sector M&A transactions and equity and debt financings.

Paul Malan

Paul is iCON’s Senior Partner and Chairman of the Investment Committee.

Paul has been successfully executing and managing infrastructure investments for over 20 years, including all of iCON’s investments. He founded the iCON Team in 2004 following 10 years in various roles at Macquarie Bank in London and Australia.