- Fund secures new capital commitments
- Net value growth of 9.5% in 2019
Hamburg, 22 April 2020 – The alternative investment specialist Aquila Capital has secured further capital commitments for its Infrastructure Fund ACIF. The volume of the Aquila Capital Infrastructure Fund now exceeds EUR 200m. The defensive fund, with a focus on Core and Core+ investments in OECD countries, achieved a further net growth of 9.5% for the full year 2019. Since the fund’s launch, the ACIF has posted positive performance in each quarter, thereby avoiding the so-called “J-curve”.
The performance of the fund is mainly driven by positive financial contributions through direct and co-investments, appreciations as well as dividends from the target funds. The portfolio currently consists of more than 180 individual investments in the transport & traffic, utilities, energy, telecommunications and social infrastructure sectors in 17 countries.
Christian Brezina, Head of Diversified Infrastructure & Multi Asset Investments at Aquila Capital says: “The Aquila Capital Infrastructure Fund combines fund investments and direct co-investments in renewable energies from the Aquila Group’s proprietary transaction pipeline. This allows us to bring together two diverse skillsets and networks from which our investors profit as well.”
“Unlike other funds in the market, the ACIF has an evergreen structure, which allows the long-term nature of the infrastructure asset class to be optimally taken into account. Our fund is therefore ideally positioned to participate in the increasingly attractive returns on high-quality assets in the wake of the current market situation.”
Roman Rosslenbroich, co-founder and CEO of Aquila Capital emphasizes: “As one of the leading investors in real assets, it is our goal to actively shape the European energy transition. Infrastructure is a particularly interesting asset class as the renewal of infrastructure will lead to multi-billion investment opportunities over the coming decades and the asset class has attractive return expectations. This makes infrastructure investments extremely interesting for our investors.”
The ACIF was launched in 2017 to offer professional and semi-professional investors the opportunity to benefit from the opportunities of the infrastructure asset class with a comparatively low minimum subscription combined with a high degree of risk diversification. The fund focuses on sustainable long-term performance and aims at achieving ongoing payments of 4% to 5% p.a.
The mandate focuses on Europe which accounts for 85% of net asset value. Further regional diversification over additional key markets with a focus on North America is expected in the coming quarters. The fund has a broad German and international investor base ranging from credit institutions, insurance companies and pension funds to pension schemes and foundations. The fund comprises two separate fund vehicles in Germany and Luxembourg.
Further information on the ACIF and its investment strategy can be found here.
About Aquila Capital:
Aquila Group is an experienced and long-term investor in essential, real asset investments. Founded in 2001 by Dr. Dieter Rentsch and Roman Rosslenbroich, the Group currently manages EUR 10.75 billion (AuM/AuA) for its clients worldwide (as at 31.12.2019). Last year Aquila entered into a strategic partnership with Daiwa Energy & Infrastructure.
The business centres on secular and sustainable trends in renewable energy, social housing, green logistics, infrastructure, timber and agriculture. Dedicated specialist investment teams with entrepreneurial mindsets draw on their sector networks and experience to screen, develop, finance, manage and operate investments along the entire value chain.
As this concept requires local management teams and a local presence, Aquila Capital is represented with 14 investment offices in 12 countries. Comprehensive operational capabilities, more than 300 employees at group level, intensive asset management and a passion for detail ensure asset and product performance as well as the timely deployment of capital.
Aquila Group believes in stringent corporate governance. With its two AIFMs in Luxembourg and Germany, it is subject to the highest European regulatory standards.
Press enquiries Aquila Capital:
Daniela Hamann
Head Corporate Communications & ESG Representative
Aquila Capital
Tel: +49 40 87 5050-150
Email: daniela.hamann@aquila-capital.com .
Jacqueline Niemeyer
Hering Schuppener Consulting
Tel.: +49 69 921 874 71
Email: jniemeyer@heringschuppener.com