The asean infrastructure fund is an integral part of aseans efforts to strengthen regional connectivity. An escalating supply of infrastructure assets is also expected as primarily governments are increasingly looking towards the private sector to fund infrastructure investments. See columbia global infrastructure fund performance, holdings, fees, risk and other. Jul 23, 2018 details of the operation of the charging infrastructure investment fund pdf, 80. It is a 100% employeeowned company with its founding partners taking an. The fund is in this category because it invests in the infrastructure industry and the funds simulated andor realised return has experienced high rises and falls historically. Quaero fund drops forestry to concentrate on infrastructure. August debouzy advised infravia, represented by its management company infravia capital partners, in connection with the sale of the entire share capital of frasie, a company which constructs and operates onsite water and wastewater treatment plants for industrial clients, to quaero european infrastructure fund. Prior to joining amc, suhitha was a synthetic equity trader at deutsche bank, an analyst on ifcs infrastructure investment team, and an analyst in the investment banking division of citigroup in nyc. It is a 100% employeeowned company with its founding partners taking an active role in its investment processes. From the european investment bank to the european parliament. Macquarie mexican infrastructure fund mmif is macquaries first managed fund in latin america, and is the first pesodenominated fund focused solely on investment opportunities in mexican infrastructure projects.
The fund is in this category because it invests in the infrastructure industry and the fund s simulated andor realised return has experienced high rises and falls historically. Quaero capital is a team of individuals who enjoy working in an environment focused exclusively on investment. The benchmark growthdefensive mix of investments for the fund is 100% growth. A comparison between australia and canada australian and canadian pension funds have been pioneers in infrastructure investing since the early 1990s. The project consists of an equity fund investing in infrastructure assets in europe.
The nature of the underlying investments means that listed infrastructure funds have better liquidity and are able to achieve greater levels of diversification than a direct infrastructure fund. Quaero european infrastructure fund is a eur 250m fund investing in infrastructure projects in sector such as transport, social infrastructure, telecom, energy and utilities. A participation of eur 90m in an infrastructure fund to. Scheme and guidelines for india infrastructure project development fund were notified by the ministry of finance, department of economic affairs, vide om no. The fund manager started fundraising in early 2015 and is not using a placement agent, the same sources added. The fund had a mixed performance against the small capitalized company dominated. Fund description the infrastructure fund was established pe r section 77. Fund name, quaero capital funds lux infrastructure securities a usd. Founded in 2005 in geneva, quaero capital is a specialist investment management boutique that offers a range of actively managed, highconviction funds with a commitment to fundamental research and original thinking.
Quaero capital strengthens global distribution through. We have focused on a selection of the external factors, which should be at the forefront of any gp or lps mind, both when launching a new fund or when revisiting existing funds before asset disposals. The fund may be impacted by movements in the exchange rates between the fund s currency and the currencies of the fund s investments. They believe that the infrastructure category will continue to offer good returns in the coming years. Mercer global listed infrastructure fund management style weight beta strategy 35. Scheme and guidelines for india infrastructure project. They also have the highest asset allocation to infrastructure around the globe today. Senior investment manager, ifc global infrastructure fund suhitha joined amc in 20 as part of the global infrastructure fund team. In each fund profile, you can see the contact data of each fund and all the articles we have published regarding that fund. Quaero capital was founded in 2005 in geneva as argos investment managers s. Quaero capitals global head of business development, thierry callault pictured, says, these new arrangements with allfunds bank represent a significant step in the development of our global business as it will enable fund selectors to more readily adopt our range of high conviction actively managed funds. On a total return basis, in the local currency jpy, the fund gained 5. For most institutional investors, infrastructure investing remains in a state of flux as it shifts from being a niche sector to become a fullblown, independent asset class.
Quaero european infrastructure fund fr an equity participation in quaero european infrastructure fund for a maximum amount of eur 40 million. See columbia global infrastructure fund rriax mutual fund ratings from all the top fund analysts in one place. Growth investments 90100 100 defensive investments investment strategy the mercer global listed infrastructure fund provides investors with a liquid and diversified exposure to infrastructure securities globally an emerging and growing sector. European investment bank european fund for strategic. Comparative summary the law library of congress 2 several of the countries appear to rely somewhat heavily on private roads, concessions, or privatepublic partnerships as means to fund some of their road infrastructure, including canada, china, france, israel, and south africa. Quaero capital manages eur 275 m for this infrastructure strategy. The fund will be targeting investments in small to mediumsized european infrastructure projects across the transport, education, telecommunications, utilities and renewable energy sectors. Quaero the latin word for i research or i seek, is consistent with that commitment. Sectors energy electricity, gas, steam and air conditioning supply. Infrastructure is a diverse asset class in and of itself, presenting a range of riskreturn profiles and characteristics. Quaero capital funds lux formerly argos funds annual report, including audited financial statements, as at december 31, 2017 no subscription can be received on the basis of th.
This policy applies to investments held by funds for which quaero capital sa the. Infrastructure funds are intriguing, but they arent. Swiss asset manager quaero capital is to drop forestry, real estate and agriculture from its real assets fund as it orientates the luxembourglisted fund to a ucits structure focused solely on infrastructure. Summary of isq global infrastructure fund ii fund overview. Quaero capital funds lux infrastructure securities a usd. The fund, quaero european infrastructure fund, is a eurodenominated 10year pooled fund, with an investment period of around fiveyears and a target size of eur 200m, sources said. Quaero european infrastructure fund is a private equity fund dedicated to the financing of infrastructure projects. Since 2007, lending to the transport sector in the eu has averaged nearly eur. Infrastructure final ch, uk, lux, italy, scandinavia 2. Quaero capital is an independent specialist fund management firm providing high added value strategies through independent thinking, original research and strong convictions. Promising trends in unlisted green funds 2019 novethic. Argos investment managers rebrands as quaero capital. The winners in the top mutual fund category are those which.
The fund will target equity investments in small to mediumsized infrastructure projects. Adb is the asean infrastructure funds administrator, and adb also provides technical support. European equities, infrastructure, family firms, active governance. The fund invests globally, in both developed and emerging markets. Quaero capital funds lux infrastructure securities xi. Quaero capital has completed the first close of its european infrastructure fund. Investing in infrastructure funds probitas partners.
Alternative investment fund managers directive aifmd. Funding and investing in infrastructure 1 based on a paper prepared for the fiscal future of the local public sector conference, june 23, 2011, at the george washing ton institute of public policy and sponsored by the brookings institution, the george washington institute of public policy, the. French subsidiary, quaero capital france sas is an asset management company regulated by the amf under no. Macquarie international infrastructure fund limited miif was a sgxst listed company established in 2005 to make investments in infrastructure businesses.
Recommendation on isq global infrastructure fund ii, l. Mutual fund advisors and financial planners are recommending infrastructure mutual fund schemes to their clients. Quaero capital is an independent, specialist fund management. American society of civil engineers 20 via center on budget and policy priorities 2016.
List of all the private equity infrastructure fund worldwide. Philip best cofounded quaero capital sa in 2005 and is a founding partner, fund manager and shareholder. Is it time to invest in infrastructure mutual funds. The fund may be impacted by movements in the exchange rates between the funds currency and the currencies of the funds investments. Please select your investor profile and your country of domicile and acknowledge that you have read and understood the disclaimer. The amount of revenue received by the fund is determined based on a formula that accounts for growth in major general fund revenues and reductions in pension costs. Emphasis on companies offering diversification through steady, defensive total return stream. Details of the operation of the charging infrastructure investment fund pdf, 80.
Philip started his career as a fund manager at warburg investment management in 1983 initially as a trainee, then managing the mercury european income fund. As of march 31, 2017, fund i was generating a net irr of 21. The quaero infrastructure team is also committed to responsible investing and has established a charter of principles to integrate responsible governance, social and environmental criteria in its investment process. Caceis provides support to quaero capital france for the. The fund will target investments in small to mediumsized infrastructure projects in europe with a focus on western and northern europe. Quaero european infrastructure fund eu countries 40m not disclosed 10032016. Managers approaches vary greatly and holdings can overlap.
Macquarie international infrastructure fund limited miif overview. Investors, for instance, can focus on private equitystyle fund managers. Quaero capital funds lux funds infrastructure securities. The fund invests principally in equity securities, including common stocks and preferred stocks, of listed infrastructure companies. Quaero capital investing away from the crowds asset. Quaero capital is an independent specialist fund management firm providing high added value strategies through independent thinking, original research. Swissbased quaero capital is to launch a fund to invest in listed clean energy companies. Prospectus or the assets held in the various subfunds of the company.
This policy applies to investments held by funds for. Lic nomura mf infrastructure fund is the name of the scheme does not in any manner indicate either the quality of the scheme or its future prospects and returns. During october, the fund was negatively move and retreated by 0. The fund will invest globally, including up to 25% in nonoecd countries, which is. Quaero infrastructure implements a generalist approach. Quaero capital is an independent, specialist fund management firm which brings together independently minded investment managers who use original research to provide actively managed strategies for clients in the institutional and wholesale markets. Funding and investing in infrastructure urban institute. But investors should approach these funds with care.
These various funds infrastructure, investment capital, real estate. Stocks that detracted from the funds performance included tkp corporation 3479, hikari tsushin 9435, trichemical laboratories 4369, and renova 9519. The fund targets equity participation at project level in both greenfield and brownfield transactions in europe. August debouzy on the sale by infravia of the entire share. Handout for distribution historically, transport operations have constituted between 15% and 20% of total eib lending by signed amount. The sponsor is not responsible or liable for any loss resulting from the operation of the scheme beyond the initial contribution of rs 2 crore made by it towards setting up the fund. Adbs regional cooperation and operations coordination division, southeast asia department, is the focal point for the administration of the.
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