A trio of leading players in the US team of I Squared Capital has resigned, sending shock waves around the independent global infrastructure investment manager that focuses on energy, utilities, telecom and transport in the Americas, Europe and Asia.

IJGlobal can exclusively reveal that Miami resignations have been submitted to the fund manager by:

• Danny Fein
• Mark Clark
• Tom Murray

Fein joined I Squared in October 2018 from Goldman Sachs having started his career at Morgan Stanley. He has been leading the fund manager’s renewable energy focus across the Americas.

Clark is a principal and led the digital infrastructure sector focus for the Americas. He cut his teeth at Citi before joining I Squared in 2014.

Murray joined I Squared in the summer of 2018 having spent the 4 years before that at Apollo Global Management where he had been managing director, global head of infrastructure credit.

At I Squared, Murray built out and led the global infrastructure debt team and his exit will come as a particular surprise to many as he recently hit first close on the latest iteration of its infrastructure debt fund.

I Squared was approached for a comment, but none had been received at the time of publication.