Allianz Capital Partners raises €600m

Allianz Group’s in-house manager of alternative investments holds initial close of its European infrastructure fund.

Allianz Capital Partners has held a first close of its Allianz European Infrastructure Fund at €600 million. The fund had initially targeted €500 million when it was launched in March 2019 but has since increased this to €750 million. A second and final close is expected in Q4 2019.

AEIF was established to meet growing demands for equity investments in infrastructure and will invest predominantly in energy, transport, and communication infrastructure.