Palisade Story

Since 2008, Palisade has provided dedicated and professional investment management services to institutional and wholesale investors.

Palisade is an independent, global infrastructure and real assets manager with a long-standing track record of investing across cycles.

Built by experienced infrastructure professionals and majority owned by its employees, Palisade was founded on the conviction that infrastructure performs best when investment decisions are independent, aligned and made by specialists with the ability to actively shape outcomes.

From an Australian base and now operating across North America, the UK and Europe, today we manage over A$10 billion in assets. Our team of 75 investment executives and technical specialists bring longevity, experience and deep sector expertise to mid-market infrastructure and infrastructure-adjacent investments.

We aim to deliver outstanding risk-adjusted returns for institutional and wholesale investors through disciplined, responsible investing in assets that we understand and where we can add real value.

2023
Financial Close reached on first US investment

Financial close reached on the acquisition of Amp US (renamed PureSky Energy), a leading developer, owner and operator of US community solar and storage projects

2023
Establishment of Intera Renewables

Intera Renewables was established by aggregating five of Palisade’s operational renewable energy assets into a single entity of scale, with a common ownership, governance, management and financing structure

Palisade’s Renewable Energy Fund is the lead investor in Intera, with co-investment support from HESTA, Aware Super and the Clean Energy Finance Corporation

Intera’s focus is on developing and constructing new renewable energy projects, whilst providing investors with stable income returns underwritten by its existing, high quality portfolio of operating assets

2022
Palisade Real Assets (PRA) launches BioticNRG

PRA launches biogas platform to pursue anaerobic digestion assets in the UK and Europe

Acquisition of Eco2 Management Services, a UK-based renewable energy asset management and development company, expanding the Palisade group to over 100 executives.

Malaby Biogas secured as seed asset for the platform

2022
Establishment of US office

Palisade expands into the US to pursue small to mid cap US infrastructure investments

Mike Reynolds (Managing Director, Americas) and Jonathan Yeung (Investment Manager) relocate from Sydney to New York

2021
Appointment of John Hughes to Chair of Investment Committee

John Hughes appointed as Chair of the independent investment committee

Read John’s bio here

2021
Establishment of Palisade Impact (PI)

PI focuses on unlisted investments in next generation infrastructure and infrastructure-like investments that intentionally target solutions to environmental and social challenges

Palisade Impact Fund established with $400m seed capital raised from Australian and offshore institutional and wholesale investors

Steve Gross (PI CEO), Jeremy Wernert (PI CIO) and Todd Smith (PI COO) join Palisade

For further information please visit Palisade Impact

Meet the team

2021
Establishment of Palisade Real Assets (PRA)

PRA focuses on mid-market real asset investments that are adjacent to traditional core infrastructure sectors

Stephen Burns (PRA CEO), Digby Beaumont (PRA Head of Investments) and Annika Li (Senior Investment Manager) join Palisade

For further information please visit Palisade Real Assets

Meet the team

2020
Adoption of Palisade ESG Priority Goals

Adoption of five UN SDG-aligned ESG priority goals – good governance, climate action, supporting communities, environmental sustainability and fostering diversity – as core focus areas for our business and portfolio companies

For further information please visit ESG

2019
Establishment of Palisade’s Unlisted Infrastructure Trust (PUIT)

PUIT is a pooled fund which allows individual sophisticated investors to gain exposure to Palisade’s infrastructure capability

2017
Palisade’s Diversified Infrastructure Fund (PDIF) reaches $1 billion in FUM and commitments

PDIF investor base expanded to over 20 Australian and offshore institutional investors, including superannuation, government, insurance, endowments and charities

2016
Establishment of Palisade’s Renewable Energy Fund (PREF)

PREF is a pooled fund focusing on investing in predominantly utility scale wind, solar and storage opportunities in Australia

Partnership announced with the Australian Government’s Clean Energy Finance Corporation to pursue Australian renewable energy investments

For further information please visit PREF

2015
Establishment of Palisade Integrated Management Services (PIMS)

PIMS established as a 100% subsidiary of Palisade Investment Partners to provide operational management services to certain assets in the Palisade portfolio

For further information please visit PIMS

2014
Appointment of Roger Lloyd to CEO

Roger Lloyd appointed to CEO of Palisade with outgoing CEO Ian Mitchell being appointed as Chair of the Palisade’s independent investment committee

2011
Establishment of Palisade’s Australian Social Infrastructure Fund (PASIF)

PASIF is a pooled fund focusing on investing in Australian social infrastructure assets with government-backed revenue streams

For further information please visit PASIF

2010
Establishment of Separately Managed Accounts business

Two large separately managed accounts entered into with an Australian government superannuation fund and Australian corporate superannuation fund

2008
Establishment of Palisade’s Diversified Infrastructure Fund (PDIF)

Palisade acquires the management rights of Perpetual’s Diversified Infrastructure Fund with initial FUM of $200m following unanimous approval from fund investors

Key personnel engaged from Perpetual including Roger Lloyd (current CEO), Vicki Rigg (current MD) and Vipul Luthra (previous GM, Finance)

Subsequently renamed to Palisade’s Diversified Infrastructure Fund, with a mandate to invest in a diversified portfolio of Australian and offshore assets

For further info please visit PDIF

2007
Establishment of Palisade Investment Partners

Palisade established with the support of Pinnacle Investment Management, a global multi-affiliate investment management firm

For further information please visit Pinnacle Investment