Aberdeen Asset Management and Dutch pension fund administrator APG have acquired a portfolio of 16 public-private partnership assets from infrastructure fund manager DIF.
Aberdeen Asset Management and Dutch pension fund administrator APG have acquired a portfolio of 16 public-private partnership assets from infrastructure fund manager DIF.
Financial details were not disclosed.
The 16 assets are located across Europe and the UK and cover the health, education, sport and accommodation sectors.
Aberdeen will manage the portfolio on APG’s behalf.
Commenting on the deal, APG’s head of infrastructure for Europe Ron Boots said public-private partnerships ‘are at the core of APG’s infrastructure strategy due to their proven robustness and long-term high cash flow visibility’.
Aberdeen’s head of infrastructure funds Gershon Cohen said: ‘We’re very pleased with the acquisition of this portfolio given the quality, geographical and sector spread of the assets and the strong relationship we enjoy with APG, one of the world’s largest institutional investors in infrastructure.’
