A group of institutions including AP4, IMAS Foundation, Industriens Pension and KLP have formed an investment alliance partnership with Arjun Infrastructure Partners to invest in low-risk European infrastructure.
The long-term vehicle, Infrastructure Alliance Europe, has raised commitments of €1 billion ($1.2 billion) to be invested across different sectors in Western Europe and will have a strong focus on sustainability.
“AP4 takes a very long-term view in building its comprehensive core infrastructure portfolio,” said Andreas Jensen, AP4. “The Infrastructure Alliance initiative brings several benefits that are important to us, such as greater investor influence and cost efficiency. Ultimately, this will contribute to the financial security of current and future Swedish pensioners, and in driving the development of a more sustainable European society.”
“Industriens Pension has been an active investor in infrastructure for 15 years and are pleased to