Patrick Daguet

The company is a specialized private equity fund investing in transport infrastructure throughout OECD countries with special focus on Europe. Its shareholders are KfW and CDC

Duties in the management company of the fund :
• Origination, structuring and underwriting of equity and quasi equity investments in Infrastructure Transportation
• Follow up and reporting on the finances of the Fund
• Preparation and supervision of budgetary procedures of the Fund
• Director for one participation of the Fund : Arrow Light Rail Ltd, a light rail project in Nottingham

Main Achievements:
• Closing of a mezzanine loan participation of the Fund into a European Motorway
• Working on a freight express airport scheme where the fund invests in equity and mezzanine debt
• Working on the remittance of three major bids on airports privatization schemes in Brussels and Bratislava and more recently on London City Airport, EXETER and Leeds Bradford International Airport and Birmingham International Airport. Also seeking to build a general/business aviation base in Italy.
• Actively seeking to complete a bilateral trade sale on an existing infrastructure asset (motorway sector).
• Implementation of new reporting system on the fund’s financials and budgets
• Implementation of a mini-refinancing on the Arrow holding.
• Participation in the bid for refinancing the Millau Viaduct on the mezzanine portion of the transaction
• Investment review of mid-size low-cost UK based airports with a view to take a 30% (11-15m£ take) of the equity.

Sector: Venture Capital, LBOs and Private Equity

The company is the monoline insurance company of the IXIS group. It primarily intervenes in the insurance of senior debt in projects through issuance of first demand guarantees thanks to its Triple-A ratings.

Duties at CIFGE:
• Origination, structuring and underwriting of transactions in the Infrastructure Finance and Project Finance areas.
• Management of corporate (sponsors) client interface
• Prepare European Infrastructure Business Plan and Assist the European Unit Head in the drafting of the Plan
• Contact point for reinsurers of the group

Main Achievements:
• Underwriting and closing of a mid-size secondary market transaction in the UK water sector (€100m)
• Underwriting and closing of a mid-size secondary market transaction in the Portuguese railway sector (€150m)
• Underwriting and closing of a primary transaction for the guarantee of the refinancing of the tunnel Prado Carénage in Marseilles (€107m) involving the European Investment Bank and a syndicated loan.
• Participation in the underwriting of the Aeroporti di Roma refinancing

Sector: Insurance

From August 2000 to July 2002 Zurich

Swiss Re is one of the top 3 reinsurers in the world. Swiss Re created a division specifically dedicated to structure products and solutions for third parties.


Duties:
• Assist in the preparation, structuring and underwriting of transactions in the Structured Finance and Project Finance areas.
• Main client interface with Financial Institutions and Monolines with European bases
• Prepare Business Plan and Assist the Unit Head in the definition of market segments and opportunities to explore.

Main Achievements
• Underwriting and closing of a large (3 billion$) regulatory capital relief credit default swap with a major European Financial Institution
• Underwriting and closing of a reinsurance Treaty on International Project Finance with one large monoline insurer
• Participation in a corporate securitization deal, involving the structuring and carve out of a specific risk within the securitization to be underwritten by Swiss Re (ongoing)
• Participation in large CDS deals where Swiss Re attached at excess layers
• Involvement in Residual Value-related deals for the airlines/aircraft industry (Enhanced Equipment Trusts Certificates, airline leases securitizations)
• Participation in a Knowledge Management Project
• Lead in the monitoring of PFC II, a project finance CLO

Sector: Insurance

The company is the monoline insurance company of the General Electric group. It primarily intervenes in the insurance of senior debt in projects through issuance of first demand guarantees.

Duties:
• Review the public finance and the project finance transactions and conduct credit analysis in the view of getting transactions approved by FGIC New York’s underwriting committee.
• Coordinate closing of public finance and project finance transactions with lawyers, financial adviser, client and FGIC New York. Transactions are structured for capital markets execution.
• Participate in the definition of market strategy in respect of French public finance and European-wide project finance and get this strategy validated by FGIC New York senior management. Execute the strategy
• Reporting to FGIC New York in respect of deals closed, premium earned and follow up on achievements
• Conduct cross selling activities with GE Capital related businesses (Structure Finance Group, Avis Fleet Services).
• Participated when need be to business development opportunities (acquisitions) with Business Development Country Manager

Main Achievements
• Monitoring of Stade de France
• Participation in bids for French local municipalities (Tours, Lyon, Marseilles)
• Mass Transit Systems : bids for SMTPC Toulouse, Lyon SYTRAL and DUAR Rennes

Sector: Insurance

The company is the lead monoline insurance company. It primarily intervenes in the insurance of senior debt in projects through issuance of first demand guarantees.

Duties:
• Review public and project finance transactions and structured finance deals on the credit perspective. Undertake credit review and present it to MBIA New York’s underwriting committee.
• Coordination with and presentation to Ambac New York’s credit committee
• Marketing responsibilities and strategy definition for French public finance and European project finance with mandate for origination of investment grade transactions.
• Co-Management responsibilities of 4 people in the Paris-based MBIA Assurance SA for a period of roughly one year.
• Reporting activities to MBIA New York and compliance and reporting to French regulatory authority, Commission de Contrôle des Assurances (in conjunction with our external legal counsel)..

Main Achievements
o Closing of several local government deals (Regions, Cities, Departments)
o Participation in Infrastructure Finance deals (bid stage, underwriting review) in the Sewage, Solid Waste and Transportation Sectors.

Sector: Insurance

The company is in charge of origination, underwriting and syndicating bond issues on behalf of French issuers.

Duties:
• Responsibility over a portfolio of French public and private issuers with the mission to sell capital markets, value-added solutions to prospective fixed income issuers.

Sector: Financial Services

Duties:
• Overview of French Listed/Non Listed Large Corporate with the mission to sell Equity/Equity-Linked Products fitted to current corporate strategic and financial needs and market demands.
• The position included extensive advisory role in M&A, Listings on the Paris Stock Exchange, IPOs, Convertibles Offerings and large privatization handling.

Sector: Banking

Duties:
• Coverage of a portfolio of retail clients /small and medium sized businesses. Marketing products and credit review.

Sector: Banking

Duties:
• Accompany BNP’s corporate clients in the financing/handling of international activities and imports/exports through documentary credits.

Sector: Banking