Allianz Capital Partners’ infrastructure expertise available to external clients for the first time
Allianz European Infrastructure Fund now available to professional clients / Opportunity to invest for the first time directly in European infrastructure alongside Allianz / Target fund size is EUR 500mn.
Allianz Global Investors (AllianzGI) today announced the launch of the Allianz European Infrastructure Fund S.A. – RAIF (AEIF)1, which, for the first time, allows institutional investors to access the deep infrastructure investment experience of Allianz Capital Partners (ACP).
ACP has been investing in infrastructure equity on behalf of Allianz insurance companies for more than a decade. AEIF allows professional investors to invest alongside Allianz insurance companies in equity investments in European infrastructure for the first time. In so doing, they will benefit from the broad sector expertise of the investment team and the strong network and reputation of Allianz.
AEIF has a target size of EUR 500mn and will raise capital from institutional investors and pension funds. Future transactions will be funded by Allianz insurance companies who will continue to invest at least 50% of the required capital while the remaining share will be funded by AEIF, creating strong alignment. AEIF will be managed by ACP’s seasoned team of investment professionals and distributed through AllianzGI´s dedicated global network of sales experts.
Tobias Pross, Global Head of Distribution at AllianzGI, said:
“We are delighted that external clients can now access ACP’s deep infrastructure expertise, further broadening the suite of alternative investment solutions we can provide for clients. We continue to see strong demand for alternative investments from our clients, who look to us to introduce innovative solutions that meet their needs. Through the new Allianz European Infrastructure Fund clients now can seize the opportunity to invest, together with Allianz, in attractive infrastructure projects across Europe.”
ACP is a major international financial investor in infrastructure equity with more than EUR 10bn Assets under Management. In total ACP manages around EUR 28bn of alternative equity assets in private equity, infrastructure and renewables. ACP and AllianzGI taken together manage around EUR 70bn of alternative assets.
1 Allianz European Infrastructure Fund S.A. has been incorporated under the name “Allianz Infrastructure Fund S.A.” as a Luxembourg société anonyme (public limited company) on 4 December 2018 in the form of a closed ended investment company with variable capital (société d'investissement à capital variable). Before first closing, the Fund will be converted into a reserved alternative investment fund (RAIF) and renamed “Allianz European Infrastructure Fund S.A. – RAIF