MUNICH–(BUSINESS WIRE)–Golding Capital Partners, one of Europe’s leading independent asset managers for alternative investments, has completed successful final closings for its two current infrastructure funds, with total commitments of approximately 1.5 billion euros. The flagship fund of funds “Golding Infrastructure 2020” closed at 943 million euros, significantly above its target of 700 million euros. This makes it the largest fund in Golding’s history and one of the largest funds of funds in today’s infrastructure market. Golding Infrastructure Co-Investment 2020 also closed well above its initial target at 578 million euros, thanks to strong investor demand. In each case, these impressive results were due half to existing investors and half to new investors subscribing to Golding funds for the first time. With the deployment of capital via initial investments having progressed very successfully, investors are already able to put a significant volume of capital to work. Eight primary fund, co-investment and secondary fund subscriptions have already been completed for the fund of funds. The co-investment fund’s portfolio now includes nine infrastructure assets.
“This record fundraising result for our infrastructure funds is great validation for our entire infrastructure team, of course, whose long-term track record and market expertise have earned the well-deserved trust of existing investors. and new,” said Hubertus Theile-Ochel, managing partner at Golding. “In a more volatile and complex market environment, institutional investors particularly appreciate the characteristics of the asset class, as well as Golding’s relevant competence and proven access to attractive partners and assets,” adds Dr. Matthias Reicherter. , Managing Partner and Chief Investment Officer at Golding. .
Golding Infrastructure 2020 Funding Volume Approximately 35% Above Plan
Popular with existing and new investors alike, Golding Infrastructure 2020’s investment strategy is to build a broadly diversified portfolio of approximately 15 primary and secondary market infrastructure funds, with an emphasis on conservative Core/Core Plus investments, brownfield projects and selected co-investments. He will focus on key infrastructure markets in Europe and North America. Golding lists 7 to 8 percent per year as the target net return for the fund.
Golding Infrastructure Co-Investment 2020 sought by international investors
Golding Infrastructure Co-Investment 2020 allows institutional investors to complement their existing infrastructure portfolios with attractive direct investment opportunities selected alongside experienced fund managers, primarily in Europe and North America. The investment strategy is particularly popular with experienced investors looking to deploy capital quickly and gain direct exposure to infrastructure projects without giving up the benefits of broad diversification. Golding sets target net return for infrastructure co-investment fund at 9-10% per year
“The thoughtful and systematic structuring of attractive and solid portfolios for our investors is a top priority for us. We are on the right track with both funds in this respect and, as always, we are focusing on broad diversification in geographic and sector terms, both for the fund of funds and the co-investment fund,” says Dr. Thilo Tecklenburg, Managing Director and Co-Head of Infrastructure at Golding.
“We have a full pipeline of investments through the end of the year and beyond. We leverage our network and experience in direct investing to find and analyze opportunities and select the most suitable investments for our There are still many exciting opportunities, even in today’s market – in telecoms, energy, transport or recycling, for example,” adds Bernd Schumacher, Managing Director and Co-Head of Infrastructure at Golding .
Golding plans to launch the follow-up product to the flagship infrastructure fund of funds already in September 2022. The next iteration of the co-investment strategy is scheduled for spring 2023. In addition, Golding is now launching its first investment strategy dedicated to energy transition, which will also be structured as funds of funds.
About Golding Capital Partners GmbH
Golding Capital Partners GmbH is one of Europe’s leading independent asset managers for alternative investments, focusing on infrastructure, private credit, private equity, secondary and impact asset classes. With a team of over 160 professionals in offices in Munich, London, Luxembourg, New York, Tokyo and Zurich, Golding Capital Partners helps institutional and professional investors develop their investment strategy and manages over €12 billion of assets. Its more than 250 investors include pension funds, insurance companies, foundations, family offices and church institutions, as well as banks, savings banks and cooperative banks. Golding became a signatory to the United Nations Principles for Responsible Investment (UNPRI) in 2013 and has supported the Task Force on Climate-Related Financial Disclosures (TCFD) since 2021.