After staring at the article for a bit, I remembered where I had seen Gatwick’s name before. Adebayo Ogunlesi made headlines several years ago when his private equity firm Global Infrastructure Partners bought the airport. Over a decade ago, Ogunlesi and his partners pioneered private equity investments in infrastructure.
Last year, the firm sold another of its airports London City for well over $2B after making massive improvements to the small airports operations. That was just one asset of GIP’s $40B worth.
It looks like the firm is well on its way in improving operations at Gatwick with nifty beacon technology to help travelers navigate the airport.
Another interesting thing about Ogunlesi is that he is on President Trump Strategic and Policy Forum. Let’s see what impact he has on President Trump’s infrastructure plans. I imagine he felt a slight tinge of jealousy when Blackstone launched a $40B with support for the Saudi government. Before that, his latest $15.8B fund was the largest infrastructure-focused fund.