About Us
AIP is a direct infrastructure investment platform for institutional investors
Originally established as PKA AIP in 2012, AIP has grown into an independent investment manager dedicated to advising institutional investors on direct investments into energy and infrastructure assets in Europe and the US. To date, AIP has invested approximately EUR 3 billion and the target for the coming years is to invest approximately EUR 600 million per year.
Our investors include the Danish pension funds PKA and Pensam
The PKA funds consist of four Danish funds administered by PKA A/S with more than EUR 37 billion in assets under management and approximately 300,000 members including nurses, medical secretaries, social pedagogues, and pharmacologists.
Pensam is a Danish labour market pension fund managing occupational schemes for people within eldercare, cleaning, technical service, and pedagogical care in Danish municipalities, regions, and private companies. Pensam has approximately 417,000 members and EUR 19 billion in assets under management.
What we do
We invest in infrastructure which provides essential services to society
The stable profile of these assets fits well with the objectives of pension savers and benefits from AIP’s experience, execution and asset management skills.
Real assets
Real assets
- Physical
- Irreplaceable
- Long duration
Essential to society
Essential to society
- Central to local community
- Regulated
- Politically stable
Constant demand
Constant demand
- Low elasticity
- Monopolistic
- Low GDP link
- Low market correlation
High barriers to entry
High barriers to entry
- Capital intensive
- Non-substitutable
- Network-based
Stable cash flow
Stable cash flow
- Predictable
- High, steady margin
- Inflation linked
WHAT WE LOOK FOR
We target investments in Europe and the US
The primary focus is on assets located in North-western Europe, but we have a mandate to invest across Europe and the US.
We focus on high quality investments in economic infrastructure
Our focus is on the cash-flow profile of the asset, underpinned by long contracts. Core sectors include energy, utilities, transport and telecom. We do not invest in coal or nuclear generation assets.
We are long-term equity investors
Dedicated to the long-term performance of our assets, we typically commit EUR 50 – 500 million per investment and prefer to take non-controlling equity stakes.
Geography
Sector
Life-cycle
Instrument
Ticket size
Duration
HOW WE DO IT
We invest alongside strong, knowledgeable and aligned partners
We focus on partnering with operationally skilled Tier-1 strategic companies such as utilities with a proven track-record. We put great emphasis on ensuring strong alignment with our project partners and a clear split of risks and responsibilities.
We favor controllable asset risks over commodity market risks
We invest in high quality assets where the governance and structure are well defined and carried out together with best-in-class partners. We avoid high dependency on market risks via long contractual arrangements and investment structures.
We act responsibly and have a thorough focus on ESG
We believe that good governance and good returns go hand-in-hand, and that positive side effects to society and the environment are important for the economic setting in which our investments are embedded. ESG is an integral part of our investment process and a key component in the management of our assets post acquisition. AIP is a UN PRI signatory and a member of GRESB Infrastructure. Read more about our approach to ESG and responsible investing.
Strategic Partners
Financial Partners
The UK
The Netherlands
Germany
Denmark
Sweden
Norway
Investments
Since 2013, the AIP team has led investments of more than EUR 3 billion in 11 infrastructure assets across North-western Europe and the US
Click the markers on the map to read about the investments made in that area.
Team
Dedicated team with extensive infrastructure investment experience
Over the past 6 years, we have carefully and gradually built a strong team of seasoned professionals with complementary experience from principal investments, M&A, asset management, consulting, and infrastructure corporations enabling us to execute on our strategy.
At current, AIP consists of 27 employees split across investments, asset management, finance and support.
Compliance & Support
Finance
Investment & Asset Management
Student Analysts
News
Contact
AIP Management P/S
Rosenborggade 1B
DK-1130 Copenhagen
Denmark
CVR: 39 50 43 08
