The scheme holds a variety of different stakes in infrastructure assets, ranging from 100% ownership to minority stakes.
Our Real Assets mandate is focused on directly acquiring stable assets generating inflation-linked equity returns, particularly in the infrastructure sector. We have deployed over £3bn in real assets and executed around 15 transactions globally over the last five years.
Our typical equity investment ranges from £100m-£1bn with the ability to do larger transactions with additional partners. We are able to hold majority or minority stakes with commensurate governance rights.
We focus on OECD countries (particularly UK, US, Europe and Australia) and mainly target sectors where there is a clear monopoly business providing essential services. Our target areas for real assets are:
- Social Housing/University Accommodation