Frederic Michel-Verdier

Frederic Michel-Verdier on Alliancing benefits

Welcome to the Frederic Michel-Verdier blog. Frederic Michel-Verdier is an infrastructure veteran. On some level, we all know about the importance of relationships. I've had people tell me “invest in your relationships” because investing in the infrastructure of your relationships is just as important as investing in the infrastructure of your code and products. And by sharing this, I'm hoping you can learn it much faster than I did.

Learn Best Practices Early to Accelerate Your Growth

On some level, we all know about the importance of relationships. When you don't know the best practices, it's hard to feel that time in an area is well-spent, especially for someone as passionate about the effectiveness as I am! Just like there are design patterns for code, there are also design patterns for building high-trust and effective relationships in teams. And these best practices can provide step functions of improvement in the quality of the relationships, just like they do for codebases. One of those best practices in designing your work relationships as alliances.

Design Your Work Relationships as Alliances

Frederick Michel Verdier on the Benefits of Attending Business Excellence Awards

Welcome to the Frederick Michel Verdier blog. On 21st of November 2019, Frederick Michel Verdier attended the IJGlobal  Awards 2019 were organisations across the international infrastructure and energy sectors celebrate the best-in-class transactions. Frederick Michel Verdier, a Funds veteran specializing in infrastructure equity investments and asset management, explains how entering awards can bring you closer to achieving your business goals. So, read on to discover very good reasons why the search for silverware can make a business truly shine.

Frederic Michel-Verdier shares tips to avoid utility disruption

Welcome to the Frederic Michel-Verdier blog. Frederic Michel-Verdier is an infrastructure veteran. Today, Frederic Michel-Verdier gives us some great examples of work they’re doing to avoid strikes, and these are some of his helpful tips:

Frederic Michel-Verdier shares stakeholder engagement and advocacy key to infrastructure projects

Welcome to the Frederic Michel-Verdier blog. Frederic Michel-Verdier has held various directorship positions on the boards of Spanish FCC Acqualia, Turkish Mersin International Port, and was Vice Chairman of the Supervisory Board of Veolia Energia Polska and Veolia Energia Lodz.  Looking at the role of stakeholder engagement and advocacy in infrastructure projects, Frederic Michel-Verdier provides his top tips.

Brexit negotiations are in the early stages, and uncertainty around the topic remains. One thing that’s clear, however, is the importance of continuing investment in major infrastructure, to drive growth.  So where do stakeholder engagement and advocacy fit in? The answer - it’s the key to making these projects happen!

Frederic Michel Verdier

Stakeholder engagement means building relationships with the communities and groups that are interested in your project and creating opportunities for decision-makers to hear from the people their decisions directly affect - the stakeholders. Engaging with stakeholders means better policy decisions are made.

For example, engaging with disabled people’s organizations and involving them early in shaping your scheme will ensure you get things right the first time, rather than spending money on expensive retrofitting later. Involving local communities in plans will also help improve a project. After all, local people are often experts on what will and won’t work for their area. And importantly when people feel they’ve been listened to and have had an opportunity to contribute, they’re more likely to become advocates for a project.

What is an advocate, and why do we need them?

Advocates are people, or groups, who are willing to support your project. They can help make the case for and shape the scheme. And stakeholder advocates will applaud delivery of the project if their views have been considered and things have been done well.

Infrastructure projects, especially major ones, need advocates from a range of sectors; including business, industry, communities, campaign groups and equalities groups. As an example, young people, and the organisations which represent them can be fantastic advocates for your project.
By involving young people, we will ignite interest in engineering and related careers. Young people are a major stakeholder group, so we need to get our infrastructure schemes right for them.

Do infrastructure projects need stakeholder advocates to make them happen?

The answer to this is undoubted "yes!" If we spend time engaging a range of stakeholders on infrastructure schemes, it will not only help to gain their support but will also help drive the project forward.

At which stage can stakeholders help your infrastructure project?

Stakeholders can help at every stage in an infrastructure project’s progress, from initial concept right through to delivery.  If you take your stakeholders with you on the project’s journey, and provide meaningful involvement, from design through construction to operation, they can help you turn a good scheme into a great scheme.

 Frederic Michel-Verdier's top tips:

So we know that stakeholder engagement is vital to a project’s success.  If you want to improve stakeholder engagement on your project but aren’t sure where to start, you may wish to consider my top five tips:

1. Identify your stakeholders: The first stage of stakeholder engagement is to carry out a thorough mapping exercise to identify and understand your stakeholders, and their views of the project.
2. Have the conversation: This is a major part of stakeholder engagement. Don’t be scared to talk to your stakeholders. All interested groups have the right to be heard.
3. Engage early and often: It’s important to make contact with your stakeholders early on in the project. I’d recommend going above and beyond what planning law requires. 
4. Aim to build advocacy among your stakeholders: You should engage with a wide range of stakeholder groups and aim to build advocacy for your project by carrying out top-quality, meaningful engagement. This will help make the case for your project, drive it forward and protect its reputation. But, be aware, building advocacy is a long-term process. It doesn’t happen overnight. 
5. Consider the impact of social media: Social media can be an excellent tool for promoting your project. 

Check back for more!

Frederic Michel-Verdier served as a board observer at FCC Aqualia, the Spanish water management company in which he led the acquisition of a 49% from FCC last year. He was vice-chairman since 2010 of the supervisory board of Polish heating networks operator Veolia Energia Polska, in which he led the acquisition of a 40% stake.  Learn more about the work of Frederic Michel-Verdier here. Check out Frederic Michel-Verdier's 'guide to infrastructure financing here. Alternatively, you can also join Frederic Michel-Verdier's professional network by connecting on Frederic Michel-Verdier Crunchbase.

Frederic Michel-Verdier on IFS Investors acquiring a minority stake in Spanish water management company FCC Aqualia. 

Welcome to the Frederic Michel-Verdier blog. Frederic Michel-Verdier spent three years with EY in Paris, where he was involved in audit and transaction services across a variety of sectors. According to a statement by IFM Investors, the investment manager has entered an agreement to acquire a 49 per cent stake in the water management company which saw the aggregate purchase price come to €1,024 million. FCC Aqualia is an end-to-end water management company representing 23 per cent of the Spanish water management market that oversees all stages of the water cycle, from drinking water supply to wastewater treatment, the statement said. Commenting on the acquisition, IFM Investors executive director for Europe Frederic Michel-Verdier said this was a “rare opportunity to invest in a fast growing, international leader in water management”.

Frederic Michel-Verdier

“We admire the company’s strategy of ambitious but prudent growth outside of its domestic market and its commitment to customer service,” Mr Michel-Verdier said. “We look forward to contributing our expertise in the water sector to further the development of its services in Spain, France and internationally.”

Welcome to the Frederic Michel-Verdier blog. Infrastructure veteran Frederic Michel-Verdier has left IFM Investors after more than a decade at the global fund manager. IFM wrote in an emailed statement to Inframation that Michel-Verdier left at the end last week to “pursue personal business interests”.

Frederic Michel-Verdier was IFM’s lead partner on its acquisition in May of a 30% stake in the Deep Container Terminal Gdansk in Poland from Macquarie, alongside PSA International and the Polish Development Fund. In 2018, he advised on IFM’s acquisition of a 40% stake in Mersin International Port, later joining the Turkish company’s board. He also served as a board observer at FCC Aqualia, the Spanish water management company in which he led the acquisition of a 49% from FCC last year. He was vice-chairman since 2010 of the supervisory board of Polish heating networks operator Veolia Energia Polska, in which he led the acquisition of a 40% stake.

“Since 2008, Mr Michel-Verdier has been instrumental in developing the London office through strategic relationships and partnerships for the long-term benefit of our investors and their members and has played a key role in a number of our most successful infrastructure investments including the acquisitions of Veolia Poland, FCC Aqualia, Mersin International Port and Deep Container Terminal Gdansk,” the company said. “We wish him all the very best for the future. We
 are in the process of replacing Mr. Michel-Verdier with an equivalent investment executive.”
Frederic joined IFM Investors after an 11-year career as an M&A banker at ING Barings in London and SG Corporate & Investment Banking in Paris, where he covered the utilities, transports and telecom sectors. He was responsible for a wide range of cross-borders transactions, public and private. He initially advised governments on privatisation in Central & Eastern Europe (Poland, Czech Republic, Slovakia, Croatia, Romania, Bulgaria…) but also in North Africa (Tunisia, Morocco, Algeria, Egypt) focusing on telecom and utilities.

Prior to his banking career, Frederic also spent three years with EY in Paris, where he was involved in audit and transaction services across a variety of sectors. His role at IFM meant he was responsible for relationship and partnership development as well as sourcing, evaluating, implementing and managing investments. At IFM, Michel-Verdier was coordinating the deal sourcing effort in Europe and was responsible for relationship and partnership development as well as the evaluation, implementation, and management of investments.

He held various directorship positions on the boards of Spanish FCC Acqualia, Turkish Mersin International Port, and was Vice Chairman of the Supervisory Board of Veolia Energia Polska and Veolia Energia Lodz. An IFM spokesperson said the manager is “in the process of replacing Michel-Verdier with an equivalent investment executive”.

When asked about the future of infrastructure investment, Mr. Michel-Verdier commented “Infrastructure has a low correlation with other asset classes and offers protection against inflation and economic cyclicality. Yields are also steady and have good long-term visibility. However, in this low rate and high liquidity environment, expertise in asset management has become crucial to de-risk the investments and add value through asset transitions, strategic initiatives, operational insights, and capital management.” He further added, “European governments are introducing stricter screening rules on foreign direct investments, and partnering with the right local investors is a way to enhance acceptability for any acquisition of strategic infrastructure assets.”

Frederic Michel Verdier is a Funds veteran specializing in infrastructure equity investments and asset management. Learn more about the works of Frederic Michel-Verdier here. The latest Tweets from Frederic Michel Verdier here.  You can also read the latest news and updates of the Frederic Michel-Verdier here.

Frederic Michel-Verdier Biography

Infrastructure veteran Frederic Michel-Verdier has left IFM Investors after more than a decade at the global fund manager. IFM wrote in an emailed statement to Inframation that Michel-Verdier left at the end last week to “pursue personal business interests”. Frederic Michel-Verdier was IFM’s lead partner on its acquisition in May of a 30% stake in the Deep Container Terminal Gdansk in Poland from Macquarie, alongside PSA International and the Polish Development Fund. In 2018, he advised on IFM’s acquisition of a 40% stake in Mersin International Port, later joining the Turkish company’s board. He also served as a board observer at FCC Aqualia, the Spanish water management company in which he led the acquisition of a 49% from FCC last year. He was vice-chairman since 2010 of the supervisory board of Polish heating networks operator Veolia Energia Polska, in which he led the acquisition of a 40% stake.

Frederic Michel-Verdier

“Since 2008, Mr Frederic Michel-Verdier has been instrumental in developing the London office through strategic relationships and partnerships for the long-term benefit of our investors and their members and has played a key role in a number of our most successful infrastructure investments including the acquisitions of Veolia Poland, FCC Aqualia, Mersin International Port and Deep Container Terminal Gdansk,” the company said. “We wish him all the very best for the future. We are in the process of replacing Frederic Michel-Verdier with an equivalent investment executive.”
Frederic Michel-VerdierFrederic joined IFM Investors after an 11-year career as an M&A banker at ING Barings in London and SG Corporate & Investment Banking in Paris, where he covered the utilities, transports and telecom sectors. He was responsible for a wide range of cross-border transactions, public and private. He initially advised governments on privatisation in Central & Eastern Europe (Poland, Czech Republic, Slovakia, Croatia, Romania, Bulgaria…) but also in North Africa (Tunisia, Morocco, Algeria, Egypt) focusing on telecom and utilities.
Prior to his banking career, Frederic also spent three years with EY in Paris, where he was involved in audit and transaction services across a variety of sectors.

His role at IFM meant he was responsible for relationship and partnership development as well as sourcing, evaluating, implementing and managing investments. At IFM, Frederic Michel-Verdier was coordinating the deal sourcing effort in Europe and was responsible for relationship and partnership development as well as the evaluation, implementation, and management of investments. He held various directorship positions on the boards of Spanish FCC Aqualia, Turkish Mersin International Port, and was Vice Chairman of the Supervisory Board of Veolia Energia Polska and Veolia Energia Lodz. An IFM spokesperson said the manager is “in the process of replacing Michel-Verdier with an equivalent investment executive”.

When asked about the future of infrastructure investment, Mr. Frederic Michel-Verdier commented “Infrastructure has a low correlation with other asset classes and offers protection against inflation and economic cyclicality. Yields are also steady and have good long-term visibility. However, in this low rate and high liquidity environment, expertise in asset management has become crucial to de-risk the investments and add value through asset transitions, strategic initiatives, operational insights, and capital management.” He further added, “European governments are introducing stricter screening rules on foreign direct investments, and partnering with the right local investors is a way to enhance acceptability for any acquisition of strategic infrastructure assets.”

Find out more about Frederic Michel-Verdier by visiting his website here.