Infrastructure and Real Assets

Assets that have value because of their substance or physical properties and are often essential to the daily functioning of the economy, such as renewable power, transportation, logistics, communications infrastructure, real estate, and physical storage. These assets generate predictable cash flow streams and attractive real returns because of steady underlying demand, long-term contracted revenues, fixed / regulated returns and inflation linkages.

Why Invest In Real Assets?

Enhanced Returns

Less efficient markets, high barriers to entry, specialized knowledge / expertise requirements, longer holding periods (“illiquidity premium”).

Lower Volatility

Predictable cash flow streams given stable demand (essential goods and services), contracted revenues, fixed/regulated returns.

Inflation Protection

Limited supply and/or relatively fixed costs drive higher prices, revenues and intrinsic value during periods of inflation; many infrastructure contracts have built-in inflation linkages.

Diversification

Low correlation with financial assets.

Infrastructure & Real Assets Attributes

Our fund will focus on assets that are used to produce, store, transport and distribute goods, energy, people and information – in other words, assets that are necessary for economic productivity and an efficiently functioning society. Examples would include renewable power assets, communications infrastructure, transportation networks and farmland, among others. Some of the common characteristics across these assets are high barriers to entry, contracted revenues, fixed/regulated returns, stable and predictable cash flows and a proven record of protecting purchasing power during periods of inflation.

We plan to allocate most of the fund’s capital to a small number of external managers who specialize in this area and have undergone extensive due diligence. Ideal partners will offer:

Organizational strength with a well-capitalized, thoughtful and stable leadership team, deep “bench strength”, and commitment to all facets of the business
Experienced teams with a disciplined investment process and consistent record of success
The highest standards of honesty, integrity, and transparency
Differentiated and proprietary deal flow

We may also pursue some direct investment opportunities that arise as a result of our in-house investment team’s experience and network.

The fund aims to deliver attractive absolute returns over the long-term with low volatility and minimal correlation with public equity and fixed income markets. Given the liquidity profile of the underlying assets, this fund is only suitable for investors with a long investment horizon (10+ years).

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Investment Strategies

We offer a diverse mix of investment strategies across multiple asset classes. An investment portfolio can be customized to meet your specific financial targets, volatility tolerance, and liquidity preference.