Santander Alternative Investments (SAI) has appointed Nicholas Stockdale as Global Head of Infrastructure Credit. Stockdale has more than 25 years of experience in infrastructure debt financing across different subsectors.
This appointment strengthens Santander Alternative Investments’ capabilities in infrastructure credit, one of the key areas within the group’s alternative investment platform. Currently, Banco Santander has more than €12 billion committed to alternative assets.
“The addition of Nicholas represents a further step in strengthening our infrastructure credit platform. His experience in structuring, investing, and raising capital across different geographies will be key to continuing to develop this strategy and to offer differentiated solutions to our clients,” explains Borja Díaz-Llanos, Chief Investment Officer at Santander Alternative Investments.
Before joining SAI, Stockdale developed his career for around a decade in senior asset management roles at Queensland Investment Corporation and Patrizia (formerly Whitehelm Capital). During this period, he led and closed multiple proprietary high-yield infrastructure debt investments across different geographies through two co-mingled debt funds and three separately managed accounts (SMAs). In addition, he was responsible for capital raising in Europe and Asia and has extensive experience in structuring debt fund platforms with one or multiple investors across different jurisdictions.
Previously, he worked for 16 years at Barclays Investment Bank, where he held various senior positions and participated in closing more than 20 infrastructure financing transactions under non-recourse or project finance structures, as well as numerous corporate transactions across the credit spectrum, including acquisition financings, bridge loans, term loans, and revolving credit facilities (RCFs). Before his time at Barclays, he spent two years in the project finance team at Edison Mission Energy, a power generation subsidiary of Edison International.
Stockdale also has experience as a board member, having served as chairman of QIC’s UK subsidiary and as a member of various fund entity boards and investment committees.
A British national, he began his professional career at PwC, where he qualified as a Chartered Accountant in 1997. He holds degrees in Chemistry and Law from the University of Exeter.



