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Anshul Rai
Fund CEO

Infrastructure expert Anshul boasts 20+ years in emerging markets. He drove strong returns across equity & debt investments in power, energy, utilities, and transport for IFC, KPMG, Veolia Water, and Bank Muscat. His portfolio of $50 billion projects spans Africa, Middle East, and Asia. As founding MD of MENA Infrastructure Fund (2006-2011), he managed a $200 million portfolio. Anshul has led teams in structuring, due diligence, and negotiations across infrastructure debt and equity.


Bolaji Balogun
Fund CIO

Dealmaker Bolaji leads Chapel Hill Denham with 28+ years in finance, telecoms & infrastructure. He co-founded Econet Wireless Nigeria (now Airtel), Nigeria's largest exited infrastructure investment. After founding Chapel Hill, he advised on financing major projects like the Lekki-Ikoyi link bridge and Lagos rail mass transit. A London School of Economics graduate, Bolaji has extensive experience in infrastructure and finance.

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Phil Southwell

Emerging markets expert Philip brings 25+ years of experience to frontier and emerging markets with Deutsche Bank, EFG-Hermes, and Bank of America Merrill Lynch. He's executed deals across infrastructure, energy, and finance, raising billions for issuers in Africa. Notably, he led Exotix (2013-2015), a frontier market merchant bank.


Jeremy Dolphin
Independent Member

eremy is an experienced former project finance banker and Chartered Accountant with long track record spanning more than 30 years in senior transaction and management roles with major international banks and as an independent consultant/advisor to private sector companies and Governments procuring, developing and financing major energy and infrastructure projects.