Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Allianz GI to launch first UK infrastructure debt fund

Allianz GI to launch first UK infrastructure debt fund

Allianz Global Investors is set to launch the first UK infrastructure debt fund to build schools, hospitals and roads, according to the Financial Times.

The fund, which has received government backing, will be launched in the second quarter of 2013 and will aim to raise an initial £1 billion, although Allianz Global Investors anticipates it will raise much more as demand for infrastructure debt increases.

Deborah Zurkow, chief investment officer of infrastructure debt at Allianz GI, told the FT: 'The creation of the fund is a tangible sign of the progress that is being made in the infrastructure debt market. It will benefit both investors in search of attractive, sustainable returns and important infrastructure projects in need of funding.'

The fund group, which has €302 billion in assets under management, also plans to launch an infrastructure fund in Europe in the summer.

The group first announced the launch of an infrastructure debt unit with a team of experts in July 2012, which was followed by BlackRock's move to also launch a unit in November 2012.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Thomas Miller explains its post-restructure plans

Profile: Thomas Miller explains its post-restructure plans

Thomas Miller Investment’s (TMI) head of wealth Matt Phillips has strong opinions about many things

Wealth Manager on Twitter