Citi has established an infrastructure financing and capital solutions group ( IFCS ) to focus on addressing infrastructure financing needs in Asia-Pacific. It has appointed Eric Farina and Rob Cascarino as co-heads of the group.

Farina brings more than two decades of experience across infrastructure finance, with expertise in bespoke structuring solutions across diverse sectors and markets. He most recently served as head of infrastructure finance within private capital markets at Morgan Stanley, spearheading some of the market's most groundbreaking and complex transactions. He will be based in New York.

Cascarino, co-head of debt capital markets ( DCM ) for the United Kingdom, Europe, the Middle East and Africa, will expand his remit to partner with Farina on Global IFCS. Cascarino joined Citi in 2025, bringing over 20 years of DCM experience, including digital infrastructure and sports stadium financings in the United States and EMEA.  

Farina and Cascarino will report to DCM heads John McAuley and Chris Munro, and work closely with all capital markets groups. 

Infrastructure finance and capital markets are evolving rapidly, particularly in Asia-Pacific. “Macro trends and technological innovations are expanding capital requirements with the acceleration of investments in energy, transportation, digital and AI ecosystems, and other critical infrastructure,” the bank says. “Citi is committed to further strengthen our ability to deliver innovative solutions that reflect the full capabilities of public and private capital markets to our clients.

According to Citi, IFCS will be a product-agnostic, infrastructure-focused structuring, placement, and lending group within DCM, that will provide customized solutions to global clients. In Asia-Pacific, teams across the banking business will work closely with the global team to support infrastructure financing across the region.