Golding Capital Partners (Golding) held the final close of its investment programme Golding Infrastructure 2018 on March 31, 2020, with capital commitments of EUR 710 million (US$ 771.59 million). This reinforces the Munich-based manager's position as one of the leading providers of infrastructure investments in Europe and brings its assets under management in this asset class to over EUR 3.8 billion (US$ 4.12 billion). Further infrastructure investment vehicles for institutional investors are planned to be launched in the summer.
Golding Infrastructure 2018 is the third-generation fund in an investment strategy developed in 2012 and proven over the two previous funds. It provides institutional investors access to a broadly diversified portfolio of some 200 infrastructure projects in Europe and North America, covering system-relevant sectors such as energy, telecommunications, utilities, transport and social infrastructure. The focus of the conservatively structured portfolio will be on core and core-plus investments to generate current income, combined with promising value-added projects. Investments in 15 primary and secondary funds are planned overall, along with an allocation for selected co-investments.
Nearly 70 investors have subscribed to the fund, including banks, insurance companies and pension funds from German-speaking and other European countries. In addition to strong renewed demand from existing investors, of whom some 70 per cent are returning, the investment strategy also convinced many new investors.