Bestinver, manager of Actuate, will launch a fund specialized in infrastructure "in the last days of December", as confirmed Enrique Pérez-Pla, current CEO and who joined the company in July 2019, after the integration of Fidentiis.
In front of this fund is Francisco del Pozo, signed a few weeks ago as director of Infrastructure Funds from the infrastructure team of Macquarie Capital, in which he has held the position of Managing Director.
"This infrastructure fund will be the first in our palette of private markets funds in the coming years ", Pérez-Pla has added. launch of a private market product platform and the integration and fulfillment of ESG criteria will be Bestinver's focus in the immediate future, as confirmed by the manager.
The fund, whose endowment will be around 300 – 400 million euros, will aim to take shares in infrastructure companies and assets, with a special focus on the renewable energy, transport, social infrastructure, water and telecommunications sectors.
Its global nature will pay special attention to Europe, North America, Latin America and Australia and assets are expected to be located primarily in OECD countries and emerging markets.
Bestinver is the independent manager leader in investment funds in Spain, since it manages assets of more than 6,400 million euros and has 50,379 investors.