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Related Companies announces a new investment group — Related Infrastructure

​​​​​​​Former U.S. DOT Secretary and Charlotte Mayor Anthony Foxx and transportation investment expert Andrew Right join firm to lead infrastructure investment group effort in latest initiative in multi-pronged fund management strategy

Former U.S. DOT Secretary and Charlotte Mayor Anthony Foxx and transportation investment expert Andrew Right join firm to lead infrastructure investment group effort in latest initiative in multi-pronged fund management strategy

Related Companies today announced the formation of Related Infrastructure, a new infrastructure-related investment group and addition to the Related Fund Management platform. Related Infrastructure will focus on transportation opportunities and businesses that drive efficiency and affordability for state and local governments. Former U.S. Transportation Secretary and Mayor of Charlotte Anthony Foxx and seasoned transportation investment executive Andrew Right have joined Related Fund Management as managing partners to lead Related Infrastructure.

Related, one of the nation’s most prolific real estate development and investment firms, is capitalizing on decades of experience as a developer, investor and operator and its deep expertise in public-private partnerships to invest in and grow infrastructure-related businesses and initiatives. Justin Metz, managing principal of Related Fund Management, said, “Secretary Foxx and Andrew Right bring a unique set of complementary skills to Related Infrastructure. Secretary Foxx has unparalleled experience in the public sector, having served as a member of the Charlotte City Council, Mayor of Charlotte and, most recently, U.S. Secretary of Transportation. Andrew Right has been an infrastructure investor for a decade with experience financing, investing and growing transportation assets. Their combined public, private and investment perspectives make them the ideal leaders for this new business.”

Targeted investment opportunities of Related Infrastructure will include platforms that develop and manage transportation-related assets and municipal assets, as well as companies providing infrastructure-related businesses, services and technologies, including those that provide, operate and maintain the services and technologies that are critical to smart cities, resilient energy infrastructure and urban technology deployments. Secretary Foxx said, “Related is a well-respected organization with both unparalleled credibility and diverse real estate and investment interests, making them the ideal partner and platform to execute on this strategy. I look forward to working with Andrew and the Related team and using my own knowledge and experience to build a great business that addresses current and future transportation needs.”

Andrew Right said, “Related is a truly innovative company and recognizes the potential for infrastructure investment to transform how Americans live, work and interact with their communities. I am also excited to partner with Secretary Foxx and Related to invest in infrastructure businesses that will improve America’s transportation experience and enhance the efficiency of our cities.”

The Honorable Anthony Foxx was most recently the United States Secretary of Transportation under President Barack Obama. Prior to his appointment, he served as the youngest mayor of Charlotte, North Carolina, where he helped lead expansions of a major highway, transit and airport projects. As Secretary of Transportation, Foxx led an agency with more than 55,000 employees and a $70 billion budget that oversaw air, maritime and surface transportation and placed $30 billion in federal grant assistance throughout the United States in all 50 states and U.S. territories.

Foxx successfully urged Congress to pass the first long-term surface transportation bill in more than 10 years, ushering in a new wave of transportation technology through the USDOT Smart City Challenge, Small UAV policy and the Department’s first Autonomous Vehicle Guidance. He has a deep working knowledge of new infrastructure opportunities and strong bipartisan political relationships, evidenced by his 100-0 confirmation. Former Secretary Foxx has a BA from Davidson College and a JD from the New York University School of Law.

Andrew Right was most recently a Presidential Executive Fellow, Counselor to the Secretary and acting executive director of the Build America Bureau at USDOT. Previously, he founded Cherry Lane Capital and served as a member of the founding team that formed the Infrastructure Investment Group at Goldman, Sachs & Co. Mr. Right has a BSE in Civil Engineering and Operations Research with a minor in Public and International Affairs from Princeton University and an MBA from the Harvard Business School where he was selected to be a Baker Scholar.


About Related:
Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi, London, and Shanghai and boasts a team of over 3,500 professionals. The Company’s portfolio of over $50 billion in real estate assets owned or under development is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets.

Related also owns Equinox® Fitness Clubs and SoulCycle further expanding the company's capabilities into the health and fitness arena and enhancing the value of its properties through an exclusive, branded amenity and lifestyle offering. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. Related Fund Management was founded in 2009 to provide real estate-related investment advisory services and is principally owned by Related Companies. Staffed by seasoned professionals, Related Fund Management has raised over $5 billion of capital for the platform across three areas: opportunistic real estate investments, origination and acquisition of debt, and multi-family housing opportunities. For more information about Related, please visit

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