Allianz Global Investors has announced the third closing of its Allianz Global Diversified Infrastructure Equity Fund III (AGDIEF III), including its associated transaction vehicles, with approximately €1 billion ($1.1 billion). Following the first closing in August 2025, AGDIEF III builds on the successful track record of its predecessors and, together with Allianz, offers international institutional investors access to a diversified global portfolio of core, core-plus and selected value-add infrastructure investments through primary commitments in infrastructure funds, secondary transactions and co-investments.
The target sectors of AGDIEF III include energy, communications and transport, as well as social and environmental infrastructure. The investment portfolio is intended to be diversified in terms of sectors, regions and the number of underlying investments. The fund is already well advanced in its use of capital and has made a substantial number of investments in hi