ABN AMRO and Universal Investment offer investment opportunities in infrastructure to a wider investor base
15. August 2022
Frankfurt am Main
- New fund meets growing demand for portfolio diversification
- Nominee structure enables private banking clients access to private equity infrastructure market
ABN AMRO is further expanding its offering for investors in the alternative investment space. In collaboration with fund services platform Universal Investment, the private bank has launched another sub-fund adding to five already existing alternative investment and private equity funds in a fund of funds umbrella in Luxembourg. The latest sub-fund will invest in infrastructure assets primarily in the transport, renewable power, utilities, midstream and data sectors and has a target volume of EUR 150 million. The umbrella fund’s total volume will thus comprise EUR 520 million.
Investments will be made by investment advisor Bethmann Bank exclusively into existing global targets (brownfield). In this specific structure, the four local ABN AMRO subsidiaries in the Netherlands, Belgium, France (via Banque Neuflize) and Germany (via Bethmann Bank) act as nominees that bundle the investments of their respective clients on a country basis. ABN AMRO and Universal Investment plan to launch further sub-funds under the existing structure in the coming years.
“In the current volatile market environments, we see investor demand for alternative investments growing strongly. As the entry barriers for bespoke infrastructure investments on this level are quite high, it makes sense to bundle investments in order to benefit from the opportunities of projects in transportation, renewable energy, midstream or the data sector. The RAIF structure of the fund offers a flexible, timely and efficient way to enter into infrastructure-investments,” said Dr. Sofia Harrschar, Country Head Luxembourg and Head of Alternative Investments & Structuring at Universal Investment.
Bethmann Bank brings in its expertise as the fund’s investment advisor, choosing the target funds specialized in infrastructure, ensuring the end-investor communication, while Universal Investment is the Alternative Investment Fund Manager and administrator. With this, the offer is expanded to professional investors and semi-professional investors in Germany.
“Infrastructure investments are well equipped to improve the risk-return ratio of a portfolio. We pay great attention to the choice of our partners, which have to be experienced and possess the know-how that is vital in a specialised market. This is what we owe our clients. We are therefore pleased to continue our successful cooperation with Universal Investment,” added Dirk-Jan Schuiten, Global Head of Private Equity, ABN AMRO.
ABN AMRO has a proven track record of more than 20 years of investment experience and cooperates with the leading Alternative Asset managers globally. With Universal Investment, ABN AMRO is expanding this strategy in a targeted manner.
About ABN Amro
ABN AMRO is a Dutch bank for retail, corporate and private banking clients, offering a full range of financial products and solutions. Our focus is on Northwest Europe.
ABN AMRO’s purpose is Banking for better, for generations to come.
Headquartered in Amsterdam, the bank serves over 5 million clients and employs more than 19,000 people.
Please visit us at www.abnamro.com.