Infrastructure funds in France in 2019

Infrastructure funds in France in 2019

Studies

Activity of infrastructure funds managed in France in 2019

Activity of infrastructure funds managed in France in 2019

In 2019:

  • €15.6 billion raised in 2019, 7% more than in 2018
  • €10.9 billion was invested, an increase of 67% over 2018

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France Invest (Association of Investors for Growth) and AFG (French Asset Management Association) today published the results of a study on the activity of infrastructure funds managed in France in 2019. This third joint edition was carried out among 25 member firms of the two associations that manage equity or debt infrastructure funds in France, out of 27 surveyed, which represents 93% of the active members and 99.7% of the amounts managed in this market segment.

 

Alain Rauscher, Chairman of the France Invest Infrastructure Club, emphasises: “In 2019, the amount raised by infrastructure funds established in France rose to €15.6 billion, over two-thirds of which was from foreign investors. Nearly 270 transactions were completed, representing an increase of 55% compared with last year. These figures demonstrate the momentum and the attractiveness of the asset class, which benefits from the historical expertise of the Paris market ecosystem in the financing and construction of infrastructure.”

 

René Kassis, Chairman of the AFG Infrastructure Funds Commission, adds: “With €70 billion in assets under management, up 25% on the previous year, the French asset management industry has confirmed its position as the European leader in infrastructure investment. The adoption of an ESG approach by almost all firms and the rapidly rising proportion of investments in renewable energy are an indication of the driving role played by French infrastructure fund managers in promoting responsible investment and the energy transition. Finance for digital infrastructure is also growing strongly, reflecting the massive digitalisation needs in the economy.”