AIIB approves $90m commitment

The Chinese investment firm has backed a social infrastructure-focused joint venture managed by Investcorp and Aberdeen Standard Investments.

Institution: Asian Infrastructure Investment Bank
Headquarters: Beijing, China
AUM: $35.59 billion

Asian Infrastructure Investment Bank has confirmed a $90 million anchor commitment to Aberdeen Standard Investcorp Infrastructure Partners, according to a press release on Investcorp’s website.

Investcorp and Aberdeen Standard Investments launched Aberdeen Standard Investcorp Infrastructure Partners in February 2019, with the vehicle targeting $800 million in equity capital. As of 10 June 2021, $250 million of that target has been met.

The vehicle is jointly-managed by the two firms and focuses on investing in social and core infrastructure projects in Gulf Cooperation Council countries.

As illustrated below, AIIB’s recent infrastructure commitments have primarily focused on Asia-Pacific-focused renewable and social infrastructure vehicles.

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