Alternative asset manager Aquila Capital has launched an infrastructure strategy aimed at offering institutional investors enhanced liquidity.
Investors can redeem investments after 24 months, meaning the strategy offers a higher level of liquidity than typical infrastructure funds, the firm says. Initial dividends will be paid within the first year of the fund’s operation.
The strategy will make investments through direct and fund routes.
Core infrastructure assets such as transport, utilities, waste disposal, communications and energy will be targeted for investment. A spokesperson for the firm said the fund’s portfolio will primarily be comprised of infrastructure plants already in operation and provide a yield profile comparable to mainstream bonds in respect of distributions.
Investments will be made across OECD countries classified as economically and politically stable, with at least 50% of the portfolio allocated to European securities.
Aquila manages assets of around €7.1 billion.
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