AllianzGI´s infrastructure and energy debt fund secures €220 million at first close

Climate Change World SmallAllianz Global Investors said €220 million of first-round funding for a private debt energy transition fund had been secured in "only" two months since launch.

The Allianz Global Infrastructure and Energy Transition Debt Fund is AllianzGI's first debt fund dedicated to infrastructure and energy transition assets and the target size is €750 million.  

AllianzGI, which is owned by insurance giant Allianz, said Allianz insurance portfolios were a major investor in the fund and that the firm is targeting European institutional investors.

An Article 8 fund under the EU’s sustainable finance disclosure regulations, investments made through the vehicle aim to help investors participate in primary and secondary funds and co-invest in relevant assets.

Alexander Schmitt, senior portfolio manager at AllianzGI, said: “Safety of energy supply and energy transition is in focus today, and private investors can play a vital role here.”

The firm's private markets business has €85 billion of assets under management.

© 2023 funds europe

Latest webinar

Funds Europe and Jersey Finance webinar – Women in Alternative Investments
During this webinar, our panel will share insights relating to their careers and experiences, explore the trends they are seeing within the alternative investment industry and have thought-provoking discussions on the hot topics around the gender component of diversity, equity and inclusion (DEI).
Watch now »