Pacific Asset Management has partnered with Australian investment manager Maple-Brown Abbott Global Listed Infrastructure (MBA GLI) to launch a $600m (€515m) global listed infrastructure UCITS fund.

The two firms have created the Pacific Maple-Brown Abbott Global Infrastructure Fund by transferring Maple-Brown Abbott’s existing UCITS fund into the Pacific UCITS structure.

Matthew Lamb, CEO, Pacific Asset Management, said: “At Pacific we are focused on delivering high-conviction, craft investment strategies to our clients around the world. We are deliberately broadening our range to meet the evolving needs of our clients and changing market dynamics.

“By partnering with MBA GLI, we can provide our investors access to a highly experienced and successful global infrastructure team with a track record of identifying investment opportunities in companies that offer inflation protection and low cash flow volatility. Their approach aligns perfectly with our range of hard to industrialise strategies, and we are very much looking forward to working with them.”

Andrew Maple-Brown, co-founder and PM at Maple-Brown Abbott Global Listed Infrastructure, said: “Like ourselves, Pacific is committed to delivering superior returns to their clients through a deep focus on specialist investment management. We focus on core infrastructure with lower volatility, inflation protection and income stability.

“Leveraging the technology and business infrastructure provided by Pacific means that we can focus on the job of investing and providing alpha to investors.”

To read the latest IPE Real Assets magazine click here.