At a glance
- For allocators, the €400 million managed account is a concrete size benchmark for a single pension client's bespoke essential-infrastructure mandate.
- The firms said investments are expected to span rolling stock, offshore transmission and water infrastructure.
- Equitix is also a partner, with Orange and MDM, in the 3,125km Pisces subsea cable joint venture connecting Galway to France, Spain and Portugal, as Private Wealth Daily previously reported.
APG committed €400 million to an Equitix strategic managed account on behalf of Dutch pension fund ABP.
A further €100 million is possible for the Equitix Infrastructure Growth fund, the firms said on Nov. 2.
For allocators, the €400 million managed account is a concrete size benchmark for a single pension client's bespoke essential-infrastructure mandate.
The firms said investments are expected to span rolling stock, offshore transmission and water infrastructure. The objectives include the energy transition, resilient infrastructure and access to essential services. The agreement is APG's first investment partnership with Equitix.
Equitix is also a partner, with Orange and MDM, in the 3,125km Pisces subsea cable joint venture connecting Galway to France, Spain and Portugal, as Private Wealth Daily previously reported.
Reported by the Fundraising desk from ESG Today and Private Wealth Daily archive: Orange, Equitix and MDM form joint venture for Pisces subsea cable. Published . Corrections