INVL Asset Management’s INVL Partner Global Infrastructure Fund I, which will invest in an infrastructure asset fund created by a global fund manager with 26 years’ experience, announced its first close at 29, $53 million. A total of 65 investors participated in the fund’s initial offering, including the Invalda INVL group. The shares of the fund were distributed by the Family Office INVL.
“The war in Ukraine has led many investors in this part of the world to rethink the diversification of their investment portfolio – the reality is that most money is invested in stocks or real estate in the Ukraine region. Thus, the possibility of investing in a fund far from this “domestic” market, with most of its assets in the United States and the United Kingdom, and at the same time buying inflation insurance, was very well received by the market and the results of the offering exceeded our expectations,” said Vytautas Plunksnis, Head of Private Equity at INVL Asset Management.
He said shares of the fund would also be offered later, since the master fund periodically accepts investors. The next phase of offering is expected to begin in April.
Global infrastructure is an attractive asset class with the trait of inflation protection. A diversified portfolio both geographically and by transaction size, predictable revenue streams, a stable regulatory environment, a superior credit rating and environmental, social and governance (ESG) leadership make it possible to seek a significant return for investors.
The infrastructure asset investment strategy is based on very long-term investments and high-quality basic infrastructure in member states of the Organization for Economic Co-operation and Development (OECD). A large portion of the portfolio consists of assets such as toll roads, pipelines, airports and seaports, and commodity terminals.
When it comes to investing, a lot of attention is paid to ESG issues. The manager has been a signatory to the Principles for Responsible Investment since 2008 and hopes to achieve net zero carbon emissions by 2050.
The minimum investment in the INVL Partner Global Infrastructure Fund I is USD 145,000. The life of the fund is 50 years, although opportunities for investors to realize their investments sooner are considered.
About INVL Asset Management
INVL Asset Management, one of the leading asset management companies in Lithuania, is part of the Invalda INVL group. Group companies manage pension and mutual funds, individual portfolios, private equity and other alternative investments. More than 250,000 clients in Lithuania and Latvia as well as international investors have entrusted the companies of the group with the management of more than 1.5 billion euros in assets. Invalda INVL, operating since 1991, has nearly 30 years of solid experience in managing private equity assets and building leading players in their respective fields in the Baltic States and the CEE region.
Person to contact for more information:
Vytautas Plunksnis, Head of Private Equity at INVL Asset Management,
Email: [email protected]