Sponsors

Dalmore Capital focuses on investment in UK infrastructure assets and is a prominent player in this sector managing over £5.7bn for institutional investors through discretionary managed equity funds, co-investment and single asset vehicles with a portfolio of c.130 infrastructure assets.

The firm was formed in 2009 by Michael Ryan, John McDonagh and Alistair Ray, each of whom remain in senior roles within Dalmore following sale of business to Royal London Asset Management in 2025. Dalmore focuses on providing institutional investors with access to infrastructure assets with predicable inflation-linked cash flows, strong yield characteristics and without significant exposure to GDP, traffic, usage or market price risk. Dalmore’s primary investment focus is in the UK, although it also manages assets in Ireland, continental Europe and Canada.

Alongside discretionary managed multi-asset funds, Dalmore has also been able to offer a range of co-investment and single asset/account transactions amounting to over £3.5bn.