Experience and expertise
Attractive return opportunities, steady regular income and a very low correlation with the capital market as a whole: infrastructure equity offers investors an interesting opportunity to improve their portfolio structure.1 And Allianz Capital Partners can provide the necessary expertise and market access.
1 The performance of the strategy is not guaranteed and losses remain possible.
The Allianz advantage
As one of the largest institutional investors worldwide, Allianz Group manages assets worth EUR 664.4 bn.1 Allianz therefore has excellent access to corporate or public investors looking for suitable partners for large infrastructure projects. This has obvious advantages for investors.
- A unique investment platform. In the future external institutional investors may co-invest jointly with Allianz Group.
- Active approach. Sustainable value creation for investors through active management and an above-average operative and financial performance.
- Comprehensive market knowledge. Allianz, a thriving insurance company, does business around the world and knows its core markets intimately.
1Source: allianz.com, as of 31/12/2018.
The strategy has a long-term investment horizon and aims at generating income from capital returns, not from the sale of assets. It therefore focuses on investments which promise long-term, stable and preferably inflation-indexed cash flows.
- Reliable income. Allianz Capital Partners invests in assets with predictable revenues and a good market position.
- Limited risks. Allianz Capital Partners prefers brownfield investments with an operative track record. We accept construction risks only if contractual or regulatory terms and conditions provide adequate protection. We do not take on development risks for new projects.
- Large participations. Allianz Capital Partners will acquire shares of up to 50% in the companies in order to get sufficient voting rights. Jointly with other reputable investors, ACP aims to obtain controlling majorities of up to 100%.
Infrastructure systems with ACP
Infrastructure equity investments are highly illiquid and designed for long term professional investors only.
Investing involves risk. The value of an investment and the income from it may fall as well as rise and investors might not get back the full amount invested. Investing in fixed income instruments may expose investors to various risks, including but not limited to creditworthiness, interest rate, liquidity and restricted flexibility risks. Changes to the economic environment and market conditions may affect these risks, resulting in an adverse effect to the value of the investment. During periods of rising nominal interest rates, the values of fixed income instruments (including short positions with respect to fixed income instruments) are generally expected to decline. Conversely, during periods of declining interest rates, the values of these instruments are generally expected to rise. Liquidity risk may possibly delay or prevent account withdrawals or redemptions. Past performance is not a reliable indicator of future results. If the currency in which the past performance is displayed differs from the currency of the country in which the investor resides, then the investor should be aware that due to the exchange rate fluctuations the performance shown may be higher or lower if converted into the investor’s local currency. The views and opinions expressed herein, which are subject to change without notice, are those of the issuer companies at the time of publication. The data used is derived from various sources, and assumed to be correct and reliable, but it has not been independently verified; its accuracy or completeness is not guaranteed and no liability is assumed for any direct or consequential losses arising from its use, unless caused by gross negligence or wilful misconduct. The conditions of any underlying offer or contract that may have been, or will be, made or concluded, shall prevail. This is a marketing communication issued by Allianz Global Investors GmbH, www.allianzgi.com, an investment company with limited liability, incorporated in Germany, with its registered office at Bockenheimer Landstrasse 42-44, 60323 Frankfurt/M, registered with the local court Frankfurt/M under HRB 9340, authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (www.bafin.de). Allianz Global Investors GmbH has established a branch in the Netherlands, Allianz Global Investors GmbH, Netherlands Branch, which is subject to limited regulation by Autoriteit Financiële Markten (www.afm.nl). The duplication, publication, or transmission of the contents, irrespective of the form, is not permitted; except for the case of explicit permission by Allianz Global Investors GmbH.