SLC is pleased to announce the appointment of Graham Cross as Managing Director of SLC Investments, its new rail investment business.
For nearly ten years, SLC Rail has been helping local authorities to develop and deliver rail infrastructure projects, particularly new and refurbished stations, route upgrades and freight projects.
Ian Walters, Managing Director of SLC Rail said: “Graham is highly regarded within the rail industry and over recent years has forged relationships with the infrastructure investment community. We are delighted that he is joining SLC in this key role, helping clients to overcome the frustrations of sourcing finance for new stations and rail infrastructure, and to help existing asset owners who are seeking an exit.”
Graham Cross will leave his current position as Chief Executive of Heathrow Southern Railway Limited and join SLC Investments at the beginning of January. He will be focused on developing investable structures for new assets, as well as seeking to build a portfolio of secondary market investments for private sector investors. Graham said: “For the last few years I have watched SLC Rail partner with forward thinking local authorities to deliver ground-breaking structures for owning and operating new stations. I am looking forward to working with the team, building a new business that brings third-party investment to enhance the railway for the benefit of local communities and economies.”
On behalf of Heathrow Southern Railway Limited, Baroness Valentine said: “I wish Graham all the best in this exciting move. Graham has been a pleasure to work with. His quick grasp of issues and clear-sightedness, combined with a pragmatic and dedicated attitude to getting the job done means that Heathrow Southern Railway is ready to progress delivery of Southern access to Heathrow as soon as the Department for Transport announces its next steps.”
Graham will remain a Non-Executive Director at Heathrow Southern Railway Limited.