Airport and Energy Portfolio Capital Recycling — Strategic Finance Adviser

The mandate

The investment committee needs to decide whether capital should remain in mature infrastructure assets, support new commitments or be released through an authorised recycling route. The standing question is complicated by different cash profiles and obligations in airport and energy operations. Advice will compare those uses of capital without originating transactions or representing that an asset sale is automatically available.

Four days each month cover portfolio challenge, a capital-options workshop, committee attendance and preparation. Investment committee participation is included; complete ad-hoc papers receive an initial assessment within five business days. Mumbai is the meeting base, with scheduled project observations replacing workshop time and any exceptional travel agreed separately before commitment.

From 19 October 2026 to 18 October 2027, the adviser provides a fixed twelve-month perspective on portfolio decisions. The investment chair evaluates renewal by reviewing whether recommendations changed sequencing, capital retention or recycling conditions. A live transaction, formal valuation or financing execution programme requires a separately defined scope, acceptor and commercial arrangement.

Within portfolio capital discussions, the adviser has no line authority and carries no executive responsibility. Board and management retain asset, financing and operating decisions. Recommendations must preserve the difference between a strategic option and an executable transaction, explicitly identifying legal, concession, valuation and market-access dependencies supplied or still outstanding.

Concurrent non-competing work may be retained where confidentiality and time are protected. Advice to a bidder, creditor, concession counterparty or competing infrastructure investor on the same asset creates a conflict requiring disclosure. Origination fees, success-linked recycling remuneration and lender referral commissions are excluded because independent advice may favour retaining capital or doing nothing.

What you will own

• Challenge new-investment and retention cases through comparable lifecycle cash and obligation assumptions, identifying where airport and energy profiles cannot be reduced to one headline return measure.
• Probe recycling proposals for lost cash generation, support conditions and execution dependencies, resisting an assumed sale price or refinancing route unsupported by authorised specialist evidence.
• Compare capital options through downside resilience and reversibility, showing when staged investment or deliberate deferral preserves more value than immediate commitment to the preferred route.
• Test portfolio liquidity assumptions against ring-fencing and contingent support, ensuring the committee sees which cash is actually available for redistribution before choosing capital priorities.
• Press sponsors to distinguish strategic preference from executable approval, retaining concession, legal and valuation dependencies with the appropriate responsible owners rather than adviser assertions.
• Review committee responses and reconsideration triggers after capital decisions, preserving material uncertainties that should reopen a retention, investment or recycling recommendation during the term.

Candidate qualifications

• Demonstrate group-level infrastructure finance or capital strategy judgement involving mature and developing assets. Describe one recycling or retention recommendation personally influenced and the decision authority retained by the board. Deal origination or financing volume alone does not prove the ability to advise independently on whether a transaction should occur.
• Show understanding of airport, energy or analogous infrastructure cash obligations, ring-fencing and capital timing through a redacted comparison. Explain an assumption that made two projects appear comparable when they were not. Candidates must refer legal, concession and formal valuation conclusions to authorised specialists and retain their limitations faithfully in strategic advice.
• Provide evidence of independent challenge across investment and operating stakeholders, including a recommendation to defer, retain or reject a favoured option. Explain how lost flexibility or future cash was weighed against immediate proceeds. The committee needs judgement without executive delivery authority, guaranteed financing claims or a transaction-oriented success fee.
• Establish thirty years of relevant career evidence, board-facing financial communication and strict conflict discipline. Disclose same-asset bidders, creditors, counterparties and investors, reserve four monthly days and separate confidential materials across clients. Provide a retained-capital or recycling recommendation with comparable cash assumptions, execution dependencies and a recorded committee response that remained reviewable after the preferred option changed.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 12 October 2026. Mandate reference PCT-ADV-2026-IND-29.