Golding already raises more than €210 million in the first closing for its third infrastructure co-investment fund
More than 20 per cent of the capital raised comes from new investors, which underlines the attractiveness of the consistant investment strategy that Golding's investment team has already successfully implemented in its two predecessor funds. Already, 30 per cent of the capital has been called up after the launch of the first of around 15 targeted co-investments. In line with the fund strategy, the portfolio will be broadly diversified across different sectors, regions, strategy segments and fund managers and will only include assets in which established fund managers can implement an active value creation strategy.
The portfolio is characterised by a strong investment focus on market segments with a direct link to long term megatrends. These include electromobility, renewable energies, sustainable transport and logistics concepts and the circular economy.
For example, we have invested in a German provider of charging infrastructure for electromobility and an American service provider for environmentally friendly waste management. This puts the »Golding Infrastructure Co-Investment 2023« on track to generate attractive net returns, while creating a positive impact in line with the UN Sustainable Development Goals and ESG criteria.
Dr. Thilo Tecklenburg, Partner & Co-Head of Infrastructure at Golding
Based on many years of direct investment expertise, Golding's experienced infrastructure team is on track to develop a multi-dimensionally diversified portfolio of attractive infrastructure assets and achieve a target net return of 10-11 per cent per year.
Bernd Schumacher, Managing Director & Co-Head of Infrastructure at Golding
As an experienced infrastructure investor, Golding is a valued partner for potential co-investments. Investors benefit accordingly from an extraordinarily strong deal flow.
Having already invested more than one billion euros in co-investments, we can look back on an excellent track record. With the advantage of our strong network of established target fund partners and our promising portfolio structure, we are confident that we will remain on course for success in the third fund generation. The demand for large-volume infrastructure investments remains high in the longer term.
Dr. Matthias Reicherter, Managing Partner & Chief Investment Officer at Golding
»Golding Infrastructure Co-Investment 2023« with a target volume of €600 million is classified as an investment product in line with Article 8 of the Sustainable Finance Disclosure Regulation (SFDR). As with the predecessor funds, the focus is on core-plus and value-add investments with strong risk protection, which are predominantly made in Europe and North America.
