Swiss Life Asset Managers is expanding its real assets product range to infrastructure debt financing, offering investors the possibility to finance infrastructure projects from conception to operation.
With more than €3 billion ($3.5 billion) in equity and quasi-equity investments, Swiss Life Asset Managers has bolstered its infrastructure equity business during the past nine years. To complement these activities and expand its private market offering, the asset manager has established a dedicated infrastructure debt portfolio management team in Paris.
Given the attractiveness of the infrastructure asset class from a risk/return perspective, and its match with insurance companies’ long-term liabilities, Swiss Life Asset Managers plans to invest €1.5 billion ($1.7 billion) in senior debt financing in loans and bonds over the next three years. The initial investors will be the Swiss Life Group’s Swiss, French and German insurance companies.
Subsequently,