Antin Infrastructure Partners Opens Melbourne Office and Recruits Duncan Welsh
Antin Infrastructure Partners has announced the hiring of Duncan Welsh as Principal of Investor Relations and the opening of a new office in Melbourne, aimed at enhancing support for investors in Australia and the Asia-Pacific region.
An Investor Relations Professional with 15 Years of Experience in Asia-Pacific
Duncan Welsh brings over 15 years of experience in building relationships with institutional investors across the Asia-Pacific region, with a proven track record in fundraising, client retention, and strategic leadership in infrastructure and private equity. He joins Antin from IFM Investors, where he most recently served as Head of Investor Relations and Client Solutions Operations. Throughout his career, he has worked in Australia, North America, Europe, and Asia, managing institutional relationships and driving business development initiatives.
Melbourne Strengthens Regional Presence Alongside Seoul
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
Welsh will establish an investor-focused office in Melbourne, alongside Antin's existing office in Seoul, South Korea. He will report to Sebastien Lecaudey, Senior Partner and Head of Investor Relations at the group, and will focus on the group's existing and prospective relationships in Australia and Southeast Asia.
SectorServices financiers et marchés›Gestion d'actifs
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: S1 2026
Key reported figures
Revenue: 138,5 millions d'euros
Quarterly revenue: 138,5 millions d'euros
Revenue growth: -6,5 %
EBITDA: 69,9 millions d'euros
EBITDA margin: 50,5 %
Net income: 46,6 millions d'euros
Free cash flow: 24,5 millions d'euros
-326 millions d'euros
Guidance from the release
As the activation of Mid Cap II is now expected in the fourth quarter, the underlying EBITDA of 2026 is currently projected to be slightly below the 2025 level
Risks mentioned
Fund III-B trending below plan with negative NAV movements in the first half of 2026
Decrease in management fees due to Mid Cap I step-down and delayed activation of Mid Cap II
Exposure to complex M&A environment impacting fund portfolio valuations
Opportunities identified
Mid Cap II fundraising launched with strong investor interest, expected activation in Q4 2026
Continued value creation across main funds with Flagship IV & V and Mid Cap I generating performance around or above 15%
Exit liquidity events announced (Sølvtrans partial sale and Idex full sale) expected to distribute approximately €2.1 billion to fund investors
Outlook / guidance
Management commentary: As part of the publication of its 2025 results, Antin indicated that the underlying EBITDA of 2026 was expected to remain broadly stable compared to 2025, based on the assumption that Mid Cap II was activated in the second quarter of 2026. As the activation of Mid Cap II is now expected in the fourth quarter, the underlying EBITDA of 2026 is currently projected to be slightly below the 2025 level.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
