Allianz Global Investors has closed its Allianz Global Diversified Infrastructure Equity Fund (AGDIEF) with more than €1 billion ($1.2 billion) in equity commitments.
AGDIEF opened to investors in early 2020 and received strong demand from institutional investors across Europe, pushing it past its fundraising target of €900 million ($1 billion) within 11 months.
“We are delighted about the successful close of our first global infrastructure equity fund in a short period of time,” said Yves Meyer-Bülow, head of infrastructure funds and co-investments at Allianz Capital Partners (ACP), the entity that manages the fund. “Despite the challenging environment, we continue to execute on attractive investment opportunities globally and look forward to seizing further ones on behalf of our investors.”
The AGDIEF will build a global and diversified infrastructure portfolio across the energy, transportation, communication, environmental and social sectors. Acc
