Allianz Global Investors (AllianzGI) has launched its second U.K. Infrastructure Debt Fund, which is aimed at institutional investors and will invest in core U.K. infrastructure assets, including primary brownfield and greenfield transactions within the transport, energy and social infrastructure sectors.
“Following the success of our first U.K. infrastructure debt fund, we are delighted to launch our second sterling infrastructure debt fund, which is approaching its first close,” said Adrian Jones, U.K. infrastructure debt, director. “Having helped ‘prove the concept’ of infrastructure debt as an asset class suitable for institutional investors over the last few years, we are delighted that through launching two sterling funds, we have provided institutional investors with the opportunity to invest in real, attractive assets combined with a compelling investment opportunity.”
AllianzGI has now committed more than £1 billion ($1.3 billion) on behalf of its clients into U.K. infrastructure projects. This portfolio includes the Aberdeen Western Peripheral Route and M8 road projects in Scotland, university accommodation in Hull, Nottingham and Exeter, the A1/A4/A5/DBFO2 project in Northern Ireland, Dover Port and M6 Toll road.
Since 2012, AllianzGI’s infrastructure debt business has committed more than £9 billion ($12 billion) on behalf of clients into 45 infrastructure projects across 14 countries and has closed 10 deals globally in 2017 alone.
