Steve Cook
Head of Portfolio Management
Steve Cook is a Director and the Head of Portfolio Management at Sequoia Investment Management Company. He also has primary responsibility for the structuring of Sequoia’s investment funds. He has 17 years of infrastructure debt experience.
Prior to Sequoia, Mr Cook was the European Head of Whole Business Securitization and Co-Head of Infrastructure Finance with UBS, and he was formerly the Head of European Corporate Securitization with Morgan Stanley & Co. with lending and balance sheet responsibility. He has extensive experience in origination, structuring and execution of all types of infrastructure, commercial property, asset-backed and whole business transactions in the bank and bond markets. Mr Cook has a strong background with advising issuers on raising funding, restructurings and workouts.
During his career, Mr Cook has worked with a wide range of institutions including:
- Infrastructure and utility companies: Network Rail, Transport for London, Trillium, the UK Government, London City Airport, Macquarie, Thames Water, Wessex Water, Exxon and National Grid plc.
- Leisure companies: Punch Taverns plc, Enterprise Inns plc, Avebury Taverns, Innspired Group, the Wellington Pub Company and Odeon Cinemas.
- Leading property companies: Canary Wharf Group, Songbird plc, British Land plc, Land Securities plc and Propinvest.
- Healthcare businesses: General Healthcare Group, Principal Healthcare Group, Four Seasons Nursing Homes and Hirslanden.
- Private equity funds: BC Partners, Alchemy, Cinven, CVC, Texas Pacific Group, Charterhouse, Morgan Stanley Real Estate Fund (MSREF) and various Macquarie funds.
Mr Cook holds an MA in Mathematics from Trinity College, University of Cambridge. He is a member of Sequoia’s Investment Committee.
Dolf Kohnhorst
Head of Infrastructure
Dolf Kohnhorst is a Director and Head of Infrastructure at Sequoia Investment Management Company. He has primary responsibility for originating new infrastructure debt opportunities. He has 34 years of experience in investment banking, debt capital markets and lending in the shipping, construction and project finance sectors.
Most recently, Mr Kohnhorst was with Societe Generale, where he was responsible for the Financial Institutions Investment Banking Group covering UK, Irish, BeNeLux and Scandinavian banks, insurance companies and investment management companies. In this role he worked on specific risk transfer transactions in the infrastructure debt markets. He spent 16 years at Morgan Stanley & Co. in London as a fixed income salesman heading up the BeNeLux and Scandinavian sales teams and in the Debt Capital Markets Financial Institutions Structured Solutions Group. Mr Kohnhorst is also the former Head of Structured Solutions in the Financial Institutions Investment Banking group at Nomura International. His focus in both these roles included the transfer of loan assets (infrastructure, real estate, trade and leveraged finance) into the capital markets. Mr Kohnhorst started his career as a project finance and shipping banker at Continental Illinois.
Mr Kohnhorst holds an MA in French Literature from Pembroke College, University of Oxford. He is a member of Sequoia’s Investment Committee.
Randall Sandstrom
CEO / CIO
Randall Sandstrom is the Chief Executive and Chief Investment Officer of Sequoia Investment Management Company. He has 25 years of experience in the capital markets and a broad range of expertise in the international and domestic credit markets and infrastructure debt markets.
Mr Sandstrom was on the Board of Directors of LCF Rothschild and the Managing Director of Structured Finance. He was head of euro credit market strategy for Morgan Stanley & Co. Mr Sandstrom began his career as a hard asset industrial credit analyst out of business school with CS First Boston covering transportation and energy and made “Institutional Investors” All-American Research Team in his second full year. He has worked in London, New York and Tokyo.
Mr Sandstrom holds an MBA in Finance & Investments from The George Washington University in Washington, DC. He is a Chartered Financial Analyst. Mr Sandstrom is a former member of the US Army 20th Special Forces Group (Green Berets), where he was on an operational reserve detachment for three years. He graduated runner-up in Special Forces Assessment and Selection and on the Commandant’s List in the Special Forces Qualification Course. He is US Army Ranger and Airborne qualified. He is a member of Sequoia’s Investment Committee.
Anurag Gupta
Chief Risk Officer
Anurag Gupta is Chief Risk Officer at Sequoia Investment Management Company. He chairs Sequoia’s Investment Committee and has primary responsibility for risk management and compliance across Sequoia’s various funds. He additionally oversees finance, administration and operations. Mr Gupta currently serves on the Board of Transport for London (TfL) and the Board of the Staff College. He has over 20 years of experience in project finance, infrastructure investment and appraisal, risk management, M&A, and financial advisory.
Prior to assuming his role at Sequoia, Mr Gupta was with KPMG where he was an Infrastructure Advisory Partner and the Global Sector Head of Power. Over his career he has accrued extensive transactional experience across infrastructure sectors such as transport, power & utilities, renewables, TMT and social infrastructure (PPPs) amongst others.
Mr Gupta holds an MBA from Tulane University, USA, a Bachelor’s degree in Mechanical Engineering from the Engineering Council, UK, and a BSc from Calcutta University, India.