Allianz Global Investors is launching a second UK infrastructure debt fund.
The fund will invest in long-term, investment-grade, core UK infrastructure assets, including primary brownfield and greenfield transactions within the transport, energy and social infrastructure sectors.
Allianz Global Investors said the new vehicle, to be launched later this year, will be accessible to a broad range of investors, including small and medium-sized pension funds.
The company launched its first fund in 2014.
Adrian Jones, UK infrastructure debt portfolio manager, said demand from clients for a second fund reflects the maturity of the UK infrastructure debt market.
“We are seeing strong, ongoing interest from our clients, domestic and international in funding important UK infrastructure projects,” he said.
Allianz Global Investors has committed £750m to UK infrastructure projects, including the Aberdeen Western Peripheral Route and M8 road projects in Scotland, university accommodation in Nottingham and Exeter, and the A1/A4/A5 project in Northern Ireland.