Allianz European Infrastructure Fund II (AEIF II) was launched in December 2021
The AEIF II allows institutional investors to invest alongside Allianz in infrastructure equity
Investment focus is on essential infrastructure in Europe
Allianz Global Investors (AllianzGI) today announced the first close of the Allianz European Infrastructure Fund II. The fund which was launched in December 2021 and is managed by Allianz Capital Partners GmbH (ACP), attracted commitments from institutional clients across various European countries exceeding EUR 880mn. It will enable institutional investors to invest jointly with Allianz in infrastructure on a long-term basis. The AEIF II follows the successful launch of ACP´s first infrastructure fund AEIF I that held its final close at the end of 2019 with total commitments of EUR 860mn. Over 85% of the AEIF I are already either invested or committed.
The AEIF II attracted strong interest from investors and held its first close only three months after its launch. Through the AEIF II clients will be able to make equity investments alongside Allianz with a focus on assets that are essential for society within the energy , communication, transport, environmental and social sectors. The AEIF II will mainly invest in Europe while being able to pursue opportunities selectively also in OECD countries outside Europe.
“We are very delighted about the trust our investors have put into us which is demonstrated by the great interest in our second European infrastructure equity fund. The AEIF II aims to invest in attractive and long-term infrastructure across Europe which are essential for a modern and sustainable society following Allianz’s strict ESG investment guidelines. Our institutional clients can benefit from our longstanding track record and expertise as one of the largest infrastructure investors globally”, says Michael Pfennig, Co-Head of Infrastructure at Allianz Capital Partners.
Allianz Capital Partners manages assets worth more than EUR 25bn in infrastructure equity that have been invested on behalf of Allianz insurance companies and other investors. AllianzGI is offering a broad range of investment solutions and manages around EUR 93bn in private market assets.