LBP AM strengthens its Infrastructure Debt team with the appointment of Pierre-Emmanuel Giroux as Investment Director

LBP AM European Private Markets, LBP AM’s dedicated European private market platform, is deepening and enlarging it investment capabilities within its Infrastructure debt franchise with the appointment of Pierre-Emmanuel Giroux as Investment Director.

Pierre-Emmanuel Giroux has 16 years of experience – from a career spanning New York, Singapore and Paris – in advising on and organising infrastructure financing, particularly in a number of key sectors (transition, energy, digital and mobility). This recruitment represents ongoing enrichment of an expert investment team who boast strong capabilities in the structuring and financing of complex projects across France and Europe. Pierre-Emmanuel Giroux will report to Bérénice Arbona.

Against a backdrop of ever-growing demand for long-term financing in relation to infrastructure sectors, the integration of this know-how represents a major strategic step for the platform.

By expanding its expertise to cover the sub-IG segment, LBP AM European Private Markets, which has invested nearly €3.5 billion since 2012 and financed more than 70 projects, is evolving capabilities in origination, structuring and management of more complex transactions. This enables the platform to offer tailor-made financing solutions that are adapted to both the specific needs of borrowers as well as the expectations of investors seeking attractive returns within a shifting environment.

“With a well-established track record in infrastructure debt investment particularly within the sub-investment-grade segment, along with substantial international experience, Pierre-Emmanuel brings crucial skills that will enable us to offer investors tailor-made solutions with high added value. Pierre-Emmanuel’s in-depth knowledge of these complex markets and his strong origination network are certain to be key assets in accelerating the roll-out of our international strategy,” says Bérénice Arbona, Head of Infrastructure Debt, LBP AM European Private Markets.

Pierre-Emmanuel Giroux boasts over 15 years of experience in infrastructure debt – and particularly the sub-IG segment. Pierre-Emmanuel brings a deep and varied experience within the renewable energy, EV, transport, and digital and social infrastructure sectors in Europe. He began his career in 2010 at BNP Paribas Corporate & Investment Banking. Over a period of 12 years, he gained wide project financing experience at major banks – including BNP Paribas and SMBC – in New York (2010–2011), Singapore (2011–2018) and Paris (2018–2022). During this time, he focused on various infrastructure sub-sectors, including renewable and conventional energy, digital infrastructure, transport and metals and mining. From July 2022 to December 2025, as Investment Director at Rivage Investment, an asset management company that specialises in infrastructure debt and has nearly €8 billion in assets under management, Pierre-Emmanuel was also involved in the origination, structuring and execution of high-yield infrastructure debt investments in the renewable energy, energy transition and digital sectors. He joined LBP AM European Private Markets in January 2026 as Investment Director of the dedicated Infrastructure Debt franchise.
Pierre-Emmanuel Giroux is a graduate of ESSEC Business School and INSA Lyon.