Infrastructure Private Debt Team

Paul Colatrella is Head of Infrastructure Debt at Fiera Private Debt. In this role, Paul is accountable for the management of the Infrastructure Debt platform in Canada and in the USA. Before joining Fiera Private Debt in October 2020, Mr. Colatrella was the Head of Clean Energy Infrastructure Credit for Capital Dynamics, a leading clean energy investor. He was responsible for all aspects of fundraising, originating and investing relevant to the strategy he brought to the firm in early 2018.

Previously, Mr. Colatrella was Co-head of the Private Credit Power Generation Team at Ares Private Debt Power Generation from 2011 to 2017. As Co-head, he was responsible for recommending all power related debt transactions to the Ares Investment Committee, which had final investment decision authority. He also served on the Investment Committee for Ares Energy Investors Funds, a private equity acquisition by Ares he proposed and led the due diligence effort for.

Prior to Ares, he was a Senior Vice President at TCW/EIG Global Energy Partners from 2006 to 2011. Prior to 2006, he had a 14-year career in project finance banking at HypoVereinsbank, AG and Dai-Ichi Kangyo Bank, LTD (now part of Mizuho Group).

Mr. Colatrella has a Master of Business Administration (MBA) in Finance from the University of Fordham and a Bachelor of Arts (BA) in European History from the University of Rochester.

Prior to joining Fiera Private Debt in July 2019, Andrew Shannon had worked at Integrated Asset Management Corp. with the Private Debt Group since 2009. His responsibilities included origination, financial analysis, due diligence, documentation and loan portfolio management.

Mr. Shannon came to Integrated Asset Management from DBRS where he was Senior Energy Analyst. He formerly played professional lacrosse in the National Lacrosse League.

Mr. Shannon holds a Bachelor of Arts (BA) from the University of Virginia, a Master of Business Administration (MBA) from the Wehle School of Business at Canisius College and he holds the Chartered Financial Analyst (CFA) designation.

Katherine McElroy is a Managing Director in Fiera Private Debt’s Infrastructure Private Debt Group. Prior to joining the company in October 2020, Ms. McElroy was a founding member of the Clean Energy Infrastructure Credit strategy at Capital Dynamics, a leading clean energy investor, where she also served on the firm’s Responsible Investment Committee.

Prior to Capital Dynamics, Katherine McElroy was a Senior Vice President at General Electric Energy Financial Services (GE EFS), where she was an originator on the Debt team and was also responsible for opportunistic trading activity for the Debt portfolio. Prior to GE EFS, Ms. McElroy spent twelve years at The Royal Bank of Scotland/RBS Greenwich Capital where she held a variety of credit-focused roles across capital markets, loan portfolio management, and credit risk management. 

Ms. McElroy holds a Bachelor of Science (magna cum laude) in Finance and International Business, from Georgetown University in Washington, DC.

Prior to joining Fiera Private Debt in July 2019, Mr. Zagrodny had worked at Integrated Asset Management Corp. with the Private Debt Group since 2012. His responsibilities included origination, due diligence, documentation, portfolio management as well as workouts and loan restructuring.

Before joining Integrated Asset Management Corp., Mr. Zagrodny gained experience as an Analyst at Economical Insurance.

Stephen Zagrodny holds an Honours Bachelor of Business Administration (BBA) from the Lazaridis School of Business and Economics at Wilfrid Laurier University and he holds the Chartered Financial Analyst (CFA) designation.

Prior to joining Fiera Private Debt US LLC in October 2020, William Kim was an Associate on Clean Energy Infrastructure Credit Team at Capital Dynamics. He was responsible for investment analysis and due diligence, in addition to assisting in loan origination and fundraising efforts.

Previously, Mr. Kim was an Analyst on Project and Infrastructure Finance Team at Investec, where he was part of a team originating and executing power and renewable debt transactions in North America. He started his career as a Portfolio Management Analyst at HPS Investment Partners.

William Kim holds a Bachelor of Science in Finance and Accounting from the Leonard N. Stern School of Business at New York University.

Prior to joining Fiera Private Debt in June 2022, Muzammil Khan worked at Ernst & Young’s Infrastructure Advisory practice in Canada since 2020. At Ernst & Young, Mr. Khan advised on large‐scale infrastructure projects involving partnerships between the public and private sectors. His responsibilities included financial modeling, options assessment, risk management, infrastructure procurement process design, and commercial structure development.

Previously, Mr. Khan worked as a mechanical engineer in the design and construction of large capital projects in the water and wastewater sector.

Muzammil Khan holds a Master of Business Administration (MBA) from the Schulich School of Business at York University.