Sourcing attractive long-term return opportunities in infrastructure equity
We aim to deliver stable, long-term returns to our clients through our infrastructure equity strategies by investing in lower to middle market opportunities across Europe, which accelerate and benefit from the transition to a low-carbon economy. We leverage our infrastructure equity team’s deep experience and network to source attractive opportunities in our target sectors. We also manage segregated mandates to customise outcomes for clients, and constantly evolve our approach to bring opportunities to our clients.
The increasing investor requirement in the UK and Europe to invest in climate transition creates a compelling opportunity for our clients. We seek to invest in infrastructure equity sectors that align to the transition, including energy, mobility, digital and social infrastructure.
Why invest?
Infrastructure equity has the potential to offer investors attractive cash flows over the long term while also aligning with investor objectives to accelerate the climate transition.
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
The team manages 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.
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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.