Santander Alternative Investments (SAI) has appointed Nicholas Stockdale as Global Head of Infrastructure Credit. Stockdale brings more than 25 years of experience in infrastructure debt financing across various subsectors.
This appointment strengthens Santander Alternative Investments’ capabilities in infrastructure credit, one of the key areas within the group’s alternative investment platform. Banco Santander currently has more than €12 billion committed to alternative assets.
“Bringing Nicholas on board marks another step in strengthening our infrastructure credit platform. His experience in structuring, investing, and capital raising across different geographies will be key to further developing this strategy and delivering differentiated solutions to our clients,” said Borja Díaz-Llanos, Chief Investment Officer at Santander Alternative Investments.
Prior to joining SAI, Stockdale spent 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). He was also responsible for capital raising in Europe and Asia and has extensive experience in structuring debt fund platforms with single or multiple investors across various jurisdictions.
Previously, he worked for 16 years at Barclays Investment Bank, where he held a number of senior positions and participated in the execution of 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.
Nicholas also has experience as a board member, having served as chairman of QIC’s UK subsidiary and as a board member of several fund entities and investment committees.
A British national, he began his career at PwC, where he qualified as a Chartered Accountant in 1997. He holds degrees in Chemistry and Law from the University of Exeter

