Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) announced today that they will join forces in order to extend the range of investment expertise available to AllianzGI’s broad global client base, strengthening further its offering in Alternatives.
- Enables external clients to access ACP’s investment expertise in alternative equity
- Brings AllianzGI’s Alternatives assets to over EUR 58bn
14 December 2017 – Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) announced today that they will join forces in order to extend the range of investment expertise available to AllianzGI’s broad global client base, strengthening further its offering in Alternatives.
From 1 January 2018, ACP will become a discrete entity under the umbrella of AllianzGI. ACP and AllianzGI will jointly develop an investment offering for external clients, based on ACP’s long-proven expertise and investment processes. ACP will continue to provide their offering to Allianz Group companies and their clients. Jürgen Gerke, CEO of ACP, will report to Andreas Utermann, CEO of AllianzGI.
Andreas Utermann stated:
“We are delighted to be extending our client offering in private equity strategies by joining forces with ACP. Jürgen and the team at ACP are seasoned investment professionals and have established an impressive track record investing on behalf of Allianz.”
“Over the last five years, AllianzGI has expanded significantly its investment offering, adding a diverse range of teams and capabilities, with distinct market offerings, to ensure we continue to meet our clients’ evolving investment needs. ACP’s long-term investment experience, in areas such as direct infrastructure equity investments, will be highly com¬plementary to our fast growing Alternatives business and of particular interest to our external clients.”
Jürgen Gerke said:
“We are excited by the opportunity to pool Allianz and third party client commitments, which will further enhance our ability to participate in interesting investment opportunities for the benefit of our clients. With a diversified set of funding options available to us, we can increase our flexibility for individual transactions and further strengthen our reliability for our investment partners. This will benefit our clients as well as our employees.”
ACP currently manages EUR 22bn in alternative equity assets on behalf of Allianz. With this move, AllianzGI’s Assets under Management in Alternatives will total over EUR 58bn. Allianz Global Investors already manages over EUR 36 billion of Alternative assets on behalf of institutional and retail investors around the globe. AllianzGI’s Alternatives platform comprises a diverse mix of both liquid and illiquid alternative investment solutions for clients, including a market-leading infrastructure debt capability and green-focused infrastructure equity team, a fast-growing global private debt business and highly successful liquid alternative strategies with track-records stretching back over a decade.
For further information please contact:
+44 (0)20 3246 7432
+44 (0)20 3246 7558
+44(0)20 3246 7846
+44 (7817) 256182
About Allianz Global Investors
Allianz Global Investors is a diversified active investment manager with a strong parent company and a culture of risk management. With 25 offices worldwide, we provide global investment and research capabilities with consultative local delivery. We have around EUR 500 billion in AUM for individuals, families and institutions worldwide and employ over 650 investment professionals.
At Allianz Global Investors, we follow a two-word philosophy: Understand. Act. It describes how we look at the world and how we behave. We aim to stand out as the investment partner our clients trust by listening closely to understand their challenges, then acting decisively to provide them with solutions that meet their needs.
Data as of 30 September 2017
About Allianz Capital Partners
Allianz Capital Partners is the Allianz Group's in-house investment manager for alternative equity investments. With offices in Munich, London, New York and Singapore, we manage EUR 22 billion of alternative assets. Our investment focus is on infrastructure, renewables as well as private equity funds. Our investment strategy is targeted to generate attractive, long-term and stable returns while diversifying the overall investment portfolio for the Allianz Group insurance companies. Our mission is to create sustainable value for our clients and society.
Investing involves risk. The value of an investment and the income from it will fluctuate and investors may not get back the principal invested. Past performance is not indicative of future performance. This is a marketing communication. It is for informational purposes only. This material does not constitute investment advice or a recommendation to buy, sell or hold any security and shall not be deemed an offer to sell or a solicitation of an offer to buy any security. The views and opinions expressed herein, which are subject to change without notice, are those of the issuer or its affiliated companies at the time of publication. Certain data used are derived from various sources believed to be reliable, but the accuracy or completeness of the data is not guaranteed and no liability is assumed for any direct or consequential losses arising from their use. The duplication, publication, extraction or transmission of the contents, irrespective of the form, is not permitted. This material has not been reviewed by any regulatory authorities. In mainland China, it is used only as supporting material to the offshore investment products offered by commercial banks under the Qualified Domestic Institutional Investors scheme pursuant to applicable rules and regulations. This material is being distributed by the following Allianz Global Investors companies: Allianz Global Investors U.S. LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (SEC); Allianz Global Investors GmbH, an investment company in Germany, authorized by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin); Allianz Global Investors Asia Pacific Ltd., licensed by the Hong Kong Securities and Futures Commission; Allianz Global Investors Singapore Ltd., regulated by the Monetary Authority of Singapore [Company Registration No. 199907169Z]; Allianz Global Investors Japan Co., Ltd., registered in Japan as a Financial Instruments Business Operator [Registered No. The Director of Kanto Local Finance Bureau (Financial Instruments Business Operator), No. 424, Member of Japan Investment Advisers Association] ;; and Allianz Global Investors Taiwan Ltd., licensed by Financial Supervisory Commission in Taiwan.
Allianz Group announced today it is deepening its exposure to digital wealth management through a further investment in Moneyfarm amid rising demand from digitally-native savers and investors.