Sourcing attractive long-term return opportunities in infrastructure equity
We target stable, long-term returns in infrastructure equity by investing in the UK and European lower- to mid-market opportunities that accelerate and benefit from the transition to a low-carbon economy. We leverage our team’s deep experience and network to source attractive opportunities. We also manage segregated mandates to customise outcomes for clients. We are constantly evolving our approach, to bring attractive opportunities to our clients.
The growing requirement in the UK and Europe to invest in the climate transition creates a compelling opportunity for our clients. We seek to invest in infrastructure equity sectors that align to this, including energy transition, sustainable transport, and digital and social infrastructure.
Why invest?
Infrastructure is the backbone of Europe’s transition, with estimates suggesting a €477 billion annual funding gap by 2050 for a transition to a climate-neutral economy. That means infrastructure equity can offer investors attractive cash flows over the long term, while aligning with their climate objectives.
Climate transition alignment
Investing to accelerate the climate transition as well as aiming to deliver risk-adjusted returns.
Attractive cash flows
Potential for stable and predictable cashflows over the long term, while capturing capital growth.
Underpenetrated segment of the market
Access to attractive infrastructure equity opportunities in the lower to middle market across Europe, with strong growth prospects.
Customised outcomes
We manage a number of segregated mandates where we offer customised infrastructure equity solutions to meet our clients’ requirements.
Key risks of infrastructure equity
Investment risk
The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested.
Real estate risk
Where funds are invested in infrastructure, investors may not be able to redeem any units in the fund when they want because infrastructure assets may not always be readily saleable. If this is the case we may defer a request to redeem units.
Valuation risk
Certain assets held in the fund could, by nature, be hard to value or to sell at a desired time or at a price considered to be fair (especially in large quantities), and as a result their prices could be very volatile.
Regulatory shifts
The frameworks for managing essential infrastructure services can change.
Investment insights
Investment thinking that brings together the collective insight of Aviva Investors’ teams from across the globe on the key themes influencing markets.
Views
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House View
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No one can predict the future. But our quarterly House View sets out the collective wisdom of our investment teams on the current state of global markets – and where they might be heading.
Infrastructure equity team
Meet our infrastructure equity investment team.
Angenika Kunne
Managing Director, Head of Infrastructure Equity
Explore
Private markets
As one of Europe’s largest private markets investment managers, we have the scale to access the full depth and breadth of private markets.
Infrastructure
Our deep market access allows us to source high-quality projects, delivered through a range of debt and equity opportunities. We focus on stable, long-term income generation and efficient execution.