Dalmore Capital
UK infrastructure investment manager running closed-end funds that buy operational PPP, regulated and social infrastructure assets
Highlights
- New on EvolcAdded 2026-10-28
About Dalmore Capital
Dalmore Capital is an infrastructure investment manager focused on the UK. It invests in infrastructure assets across the investment lifecycle, including acquisition, active management and exit, and runs closed-end flagship funds that acquire operational public private partnerships and other infrastructure assets in regulated, transport, energy and social infrastructure.
Its clients are investors in its funds. The website reports £5.7bn+ in assets under management, 128+ infrastructure assets, five flagship funds and £3.4bn of co-investment deployed alongside the flagship funds. Its in-house management services business, Resolis, provides operational management services for PPP assets.
Dalmore was founded in 2009 and is headquartered in Leeds, with offices in London and Edinburgh. Royal London Asset Management acquired Dalmore in November 2025, and Dalmore continues to operate as a standalone business managing its existing funds. The firm is authorised and regulated by the Financial Conduct Authority.
Product: Closed-end infrastructure funds investing in UK operational PPP, regulated, transport, energy and social infrastructure assets.
Jobs at Dalmore Capital
Leadership
- John McDonagh · Founding Partner | LondonSource: company website
- Michael Ryan · Founding Partner & CEO | LondonSource: company website
- Alistair Ray · Founding Partner & CIO | LondonSource: company website
- John Murphy · Chief Financial Officer | EdinburghSource: company website
- Steve Deeley · Managing Director – Investments | LondonSource: company website
- Alan Matthews · Head of IT | EdinburghSource: company website
- Stephanie Beard · Human Resources Director | LondonSource: company website
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