Our Infrastructure platform invests globally across the key infrastructure sectors including energy, utilities, transportation, telecommunications and social infrastructure. Established in 2007, our dedicated team of specialists operates out of six international offices and manages around USD 4.5 billion in institutional client commitments.
Existing capabilities include closed end direct equity funds that invest in traditional, long-life infrastructure assets in developed countries. We target assets that provide essential services, possess strong cash flow and retain inflation protection attributes. Our direct platform also offers a clean energy strategy that concentrates on Switzerland and select other European countries. Our direct debt capability currently comprises a European strategy, which invests on a long-term basis in senior secured infrastructure credit.
Why infrastructure?
Infrastructure is capital intensive and typically has a long expected useful life, which can provide effective duration for liability-driven investors, who seek stable, predictable long-term cash flows. Private infrastructure debt provides a premium over public corporate bonds as compensation for the illiquid nature and the complexity of the investment, while infrastructure debt is lower risk than equivalently-rated corporate debt.
The defensive and essential characteristics of the assets, combined with the additional premium for private infrastructure, makes the asset class an attractive allocation for pension schemes and insurance companies. Furthermore, infrastructure can bring social and economic benefits to society. With these compelling aspects, global interest in infrastructure investments has surged over the past decade.
Focus on sustainable investing
We pride ourselves on our commitment to sustainable investing. Our investment process involves rigorous vetting of the environmental, social and governance (ESG) aspects of the asset. Throughout the investment's life, we continue to monitor the asset's ESG impact. GRESB, the Global ESG Benchmark for Real Assets, ranked our equity strategies #1 and #3 in their peer group. We've received an A+ rating from the UN-supported Principles for Responsible Investment (PRI).
