The Debeka Insurance Group has commissioned KGAL Investment Management, which specializes in real asset investments, to establish and manage a mixed real asset portfolio. The focus is on direct investments in infrastructure, particularly in renewable energies and real estate. Both areas play an important role in Europe’s economic future. To this end, two open-end evergreen funds with a total volume of up to €400 million ($460 million) have been launched.
One portfolio will focus on the generation, storage and processing of renewable energies, thereby contributing to climate protection and energy security in Europe. The second portfolio will target investments in sustainable real estate with a social purpose, with a focus on Germany. Specifically, this involves buildings used for health and education (e.g. medical centers, schools, kindergartens), public institutions (e.g. local government, local authorities, professional associations), local amenities and housing.
