Bruno Alves
Bruno Alves is the Senior Editor of award-winning publication Infrastructure Investor. Bruno has been a journalist for nearly 20 years and first joined Infrastructure Investor in December 2009, where he quickly rose to become Associate Editor and a leading writer covering the infrastructure asset class. He’s been Senior Editor since 2015 and is also responsible for Agri Investor, PEI Group’s agriculture-focused publication.
The vehicle is targeting €1bn to focus on LP- and GP-led transactions as well as select co-investment opportunities.
GPs have options when their funds are coming to an end, though they're not a walk in the park, writes Bruno Alves of sister title Infrastructure Investor.
The long-life vehicle, which will focus on regulated assets mostly in Europe, is targeting an initial €2.5bn.
The German fund manager’s new vehicle, which can invest in both fund and direct secondaries, will deploy 75% of capital raised into unlisted funds.
More and more GPs are taking bundles of assets from expired infra funds and moving them into new, longer-dated yield-generating vehicles which they then open up to new LPs through stake sales.