Allianz European Infrastructure Fund II, focused on essential infrastructure in Europe, closes its first EUR 880 million

Allianz European Infrastructure Fund II, focused on essential infrastructure in Europe, closes its first EUR 880 million

  • Allianz European Infrastructure Fund II (AEIF II) was launched in December 2021
  • The AEIF II allows institutional investors to invest alongside Allianz in infrastructure equity
  • Investment focus is on essential infrastructure in Europe

(PRESS RELEASE) MUNICH, 24-Mar-2022 — /EuropaWire/ — Allianz Global Investors, a leading active asset manager with EUR 673 billion in assets, has announced the first close of its Allianz European Infrastructure Fund II (AEIF II) at EUR 880 million attracting commitments from institutional clients across different European countries. The fund, launched in December 2021 and managed by Allianz Capital Partners GmbH (ACP), will enable institutional investors to invest jointly with Allianz in infrastructure on a long-term basis. The AEIF II follows the successful launch of ACP’s first infrastructure fund AEIF I that held its final close at the end of 2019 with total commitments of EUR 860 million. Over 85% of the AEIF I are already either invested or committed.

The AEIF II attracted strong interest from investors and held its first close only three months after its launch. Through the AEIF II clients will be able to make equity investments alongside Allianz with a focus on assets that are essential for society within the energy , communication, transport, environmental and social sectors. The AEIF II will mainly invest in Europe while being able to pursue opportunities selectively also in OECD countries outside Europe.

“We are very delighted about the trust our investors have put into us which is demonstrated by the great interest in our second European infrastructure equity fund.  The AEIF II aims to invest in attractive and long-term infrastructure across Europe which are essential for a modern and sustainable society following Allianz’s strict ESG investment guidelines. Our institutional clients can benefit from our longstanding track record and expertise as one of the largest infrastructure investors globally”, says Michael Pfennig, Co-Head of Infrastructure at Allianz Capital Partners.

Allianz Capital Partners manages assets worth more than EUR 25bn in infrastructure equity that have been invested on behalf of Allianz insurance companies and other investors. AllianzGI is offering a broad range of investment solutions and manages around EUR 93bn in private market assets.

About Allianz Global Investors

Allianz Global Investors is a leading active asset manager with over 700 investment professionals in 23 offices worldwide and managing EUR 673 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.

Active is: Allianz Global Investors
Data as of 31 December 2021

About Allianz

The Allianz Group is one of the world’s leading insurers and asset managers with 126 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 809 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage nearly 2.0 trillion euros of third-party assets. Thanks to our systematic integration of ecological, social and governance criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index, launched on 12.11.2021. In 2021, over 155,000 employees achieved total revenues of 148.5 billion euros and an operating profit of 13.4 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

*Including non-consolidated entities with Allianz customers.

Media contacts:

Stefan Lutz
Allianz Global Investors
+49 69 2443 1 4276

Pia Groeger
Allianz Capital Partners
+49 89 1220 8267

Klaus Papenbrock
Allianz Global Investors
+49 69 24431 2476

SOURCE: Allianz SE



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