Allianz Infrastructure Credit Opportunities II Fund holds first close at over EUR 530 million

  • The second vintage fund of the Allianz Resilient Opportunistic Credit (AROC) strategy, the Allianz
    Infrastructure Credit Opportunities Fund II (AICOF II) holds first close at EUR 533 mn
  • The AICOF II invests in different positions in the capital structure with a focus on Europe
  • The fund is an Art. 8 fund under SFDR and was launched in June 2024 

16 December 2024 | Allianz Global Investors (AllianzGI), has announced the first closing of the Allianz Infrastructure Credit Opportunities Fund II (AICOF II). AICOF II is the second vintage fund of the Allianz Resilient Opportunistic Credit strategy. The previous vintage fund, Allianz Resilient Opportunistic Credit Fund, closed to new investments in December 2023 with EUR 455mn in commitments and has been c. 90% deployed or committed to investments. The strategy has raised almost EUR 1bn of commitments into commingled funds from international institutional investors across Europe and Asia so far.

AICOF II, which was launched in June 2024, intends to achieve an attractive risk-adjusted return through infrastructure debt investments that will directly or indirectly be made in senior secured, second lien and subordinated debt. The strategy will invest at different positions in the capital structure depending on their risk profile. AICOF II is an Art 8 SFDR fund, targeting sectors and sub-segments across Energy, Transport, Communication, Environmental and Social.

The first vintage fund of the AROC platform was launched in April 2021 and classified as Art.8 under SFDR in October 2023. The fund with c. 90% of capital deployed or committed to investments has invested across core, core+ and core++ infrastructure in the transport, renewables and digital sectors.

Damien Guichard

Claus Fintzen, CIO Infrastructure Debt at AllianzGI, said “After over a decade of investing we can now look back on over 150 transactions in more than 20 countries. Against the light of large investments needed to bridge the infrastructure gap and the current interest rate environment we see attractive investment opportunities for institutional investors in building the infrastructure for tomorrow.”


Damien Guichard

“We are very grateful for the strong interest in the Allianz Infrastructure Credit Opportunities Fund II. With this addition to our infrastructure debt offering, we aim to provide investors with access to the full range of infrastructure debt sectors across the entire capital structure and high yielding return potential.”, says Tom Lees, Senior Portfolio Manager, Infrastructure Debt. 

AllianzGI is offering a broad range of investment solutions and manages over EUR 90bn in private markets of which over EUR 50bn are infrastructure assets making Allianz one of the largest infrastructure investors globally.1

 


Contact: 

Pia Gröger 
Telefon +49 89 1220-8267 | Mobil +49 173 3586167
pia.groeger@allianzgi.com

Hannah Knarr
Mobil +49 176 97927260 
hannah.knarr@allianzgi.com

Susie Tillotson
Mobil +44 7464 525628
susie.tillotson@allianzgi.com


About Allianz Global Investors

Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing EUR 560 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives. 

Data as of 30 September 2024. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Global Investors companies are responsible vis-á-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor (these include Allianz Global Investors assets which are now sub-advised by Voya IM since 25 July 2022). This excludes assets for which Allianz Global Investors companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group. 



1 IPE Real Assets, Allianz ranked 1st in the Top 100 infrastructure investors 2024: https://realassets.ipe.com/top-100-infrainvestors/top-100-infrastructure-investors-2024-full-ranking/10075855.article

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