23 January 2017 Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, announced today that it intends to launch its second UK Infrastructure Debt Fund later this year. The fund, aimed at institutional investors, will invest in long-term, investment grade, core UK infrastructure assets, including primary brownfield and greenfield transactions within the transport, energy and social infrastructure sectors.
Like AllianzGI’s pioneering first UK Infrastructure Debt Fund, this new vehicle will allow a broad range of investors, including small and medium sized pension funds and institutions, the opportunity to access the long-term, stable cash flows that investments in infrastructure provide.
Adrian Jones, UK infrastructure debt portfolio manager, said:
“Having helped ‘prove the concept’ of infrastructure debt as an asset class suitable for institutional investors over the last few years, the demand from our clients for a second fund reflects the maturity of the UK infrastructure debt market . We are seeing strong, ongoing interest from our clients, domestic and international in funding important UK infrastructure projects. As with our first fund, when ‘Fund 2’ launches, it will give institutional investors the chance to invest in real assets that, on top of the attractive investment opportunity, also support our quality of life and the UK’s economic competitiveness”.
AllianzGI has already committed over £750m on behalf of its clients into UK infrastructure projects. This portfolio includes the Aberdeen Western Peripheral Route and M8 road projects in Scotland, university accommodation in Nottingham and Exeter, and the A1/A4/A5 project in Northern Ireland.
Having spearheaded the growth of infrastructure debt – an entirely new asset class – in Europe, AllianzGI’s infrastructure debt business has expanded into the US. Since 2012, AllianzGI’s infrastructure debt business has committed over £7.1 billion on behalf of clients into 33 infrastructure projects across 12 countries.
Building on its leadership in infrastructure debt as well as a range of highly successful liquid alternative strategies, AllianzGI has established a strong, fast-growing Alternatives division. Alternatives is now firmly established as one of the four pillars of AllianzGI’s global investment platform, alongside Equities, Fixed Income and Multi-Asset.
Today, Allianz Global Investors manages over EUR 31 billion of Alternative assets on behalf of institutional and retail investors around the globe. AllianzGI’s Alternatives platform comprises a diverse mix of both liquid and illiquid alternative investment solutions for clients. Alongside its market-leading infrastructure debt capability, this includes a fast-growing global private debt business and highly successful liquid alternative strategies with track-records stretching back over a decade.
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About Allianz Global Investors
Allianz Global Investors is a diversified active investment manager with a strong parent company and a culture of risk management. With 25 offices worldwide, we provide global investment and research capabilities with consultative local delivery. We have more than EUR 481 billion in AUM for individuals, families and institutions worldwide and employ over 500 investment professionals.
At Allianz Global Investors, we follow a two-word philosophy: Understand. Act. It describes how we look at the world and how we behave. We aim to stand out as the investment partner our clients trust by listening closely to understand their challenges, then acting decisively to provide them with solutions that meet their needs.
Data as of 30 September 2016
For professional investors only. Investing involves risk. The value of an investment and the income from it may fall as well as rise and investors may not get back the full amount invested. Infrastructure debt investments are highly illiquid and designed for long term investors only. The views and opinions expressed herein, which are subject to change without notice, are those of the issuer companies at the time of publication. The data used is derived from various sources, and assumed to be correct and reliable, but it has not been independently verified; its accuracy or completeness is not guaranteed and no liability is assumed for any direct or consequential losses arising from its use, unless caused by gross negligence or wilful misconduct. This is a marketing communication issued by Allianz Global Investors GmbH, www.allianzgi.com
, an investment company with limited liability, incorporated in Germany, with its registered office at Bockenheimer Landstrasse 42-44, 60323 Frankfurt/M, registered with the local court Frankfurt/M under HRB 9340, authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (www.bafin.de
). Allianz Global Investors GmbH has established a branch in the United Kingdom, Allianz Global Investors GmbH, UK branch, www.allianzglobalinvestors.co.uk
, which is subject to limited regulation by the Financial Conduct
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