Sweden's AP4, Denmark's Industriens Pension and Norway's KLP – along with the IKEA-linked IMAS Foundation have formed an investment alliance partnership with London-based Arjun Infrastructure Partners to invest in low-risk European infrastructure.
Announced in a press release by the four investors, the long-term vehicle called Infrastructure Alliance Europe, has raised commitments of EUR 1bn to be invested across different sectors in Western Europe and will have a strong focus on sustainability. Individual commitments of the four investors have not been disclosed.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.
Start a free company trial todayMore from AMWatch
ATP's managed assets maintained growth in Q3
A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.
MAM readies external fund investments after alternative vehicles held first close
Mandatum Asset Management has held first close on a private debt and a real estate fund which primarily invest through externally managed funds. Commitments in the private debt fund exceed its predecessor by a wide margin.
Velliv divests coal and tar sands
Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.
50 percent institutional growth boosts AUM at Finnish OP in Q3
Finland's second-largest asset manager saw its AUM from institutional clients grow by nearly EUR 13bn in the third quarter.
New PFA executive fled war and found finance industry
Sasja Beslik is responsible for marrying returns and sustainabilty at Denmark's biggest commercial pension fund PFA, an area he has worked with since 2003.
