Allianz creates mega funds for infrastructure

Solar cells

Allianz’s infrastructure fund invests worldwide in the areas of energy, transport, communication, the environment and social infrastructure.


(Photo: dpa)

Frankfurt. The insurance company Allianz is one of the few German players in the global market for alternative investments. The latest example is the Allianz Global Diversified Infrastructure Equity Fund (AGDIEF), which has raised a good one billion euros from institutional investors.

The infrastructure fund was launched at the beginning of 2020 and was able to exceed the original target of 900 million euros despite the corona crisis. The fund is managed by Allianz Capital Partners (ACP).

The infrastructure fund invests worldwide in the areas of energy, transport, communication, environment and social infrastructure. According to the company, the fund gives institutional customers the opportunity for the first time to invest equity in building a global portfolio of infrastructure assets together with Allianz insurance companies as part of a multi-billion euro investment program.

The fund pursues a co-investment approach together with Allianz. This means that for each target investment, Allianz will use at least half of the capital in addition to the investors in the infrastructure pool. More than 40 percent of the billion-dollar fund has already been committed to investments.

Infrastructure investments benefit from the economic crisis

Investments in infrastructure and private equity – that is, company investments – have been experiencing a real boom for years. Because bonds hardly yield any more interest, insurance companies, pension funds, family offices and pension funds are looking for such “alternative assets”.

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