What do DWS’ Infrastructure experts say about infrastructure finance?

DWS Infrastructure expert Stephen Davies outlines the importance of an efficient, long term capital structure in our latest spotlight sector report.

Download the full report: Infrastructure Financing: 2024 Market Update Sector Report

Infrastructure

The rise of infrastructure

As one of the largest global infrastructure investment managers, DWS's infrastructure investment business has one of the longest track-records in the industry.

Investing in economic infrastructure such as airports, transportation, utilities and energy related assets, we offer a diverse range of strategies across the risk / return and geographic spectrums, including infrastructure equity, listed infrastructure and debt.

We have been involved in landmark infrastructure transactions across the globe including infrastructure privatization and major investments in motorway, locomotive leasing and airports in Continental Europe, most notably Australia, Germany, Italy and the United Kingdom.

Access to opportunities

Offering global and regional strategies in infrastructure equity, debt and listed infrastructure, we provide access to high quality investment opportunities through closed end private infrastructure funds, closed end comingled and separate account strategies, and equity debt facilities for institutional investors with the aim of delivering superior performance.

Latest Research

What are the mega trends shaping the infrastructure sector?

Read our latest Infrastructure research.

Get all reports here

Overview of DWS infrastructure investment strategies

Infrastructure Equity

Our equity infrastructure team consists of seasoned investment professionals in origination, execution, management and realization of infrastructure equity investments.

With over 80 investments to date, we invest in large-scale infrastructure assets through co-mingled unlisted funds and customised segregated accounts. We aim to provide investors with attractive risk-adjusted returns in the form of cash yield supported by long-term capital growth.

Our disciplined investment and due diligence process draws upon:

  • Extensive industry network and deal flow
  • Deep proprietary research
  • Detailed financial analysis and commercial structuring experience
  • Transparency for investors
  • An independent fiduciary focus
  • Reputation for delivering strong performance to be your partner of choice

 

Infrastructure Debt

  • Private infrastructure debt offers a compelling investment opportunity to fill the supply-demand imbalance as demand for capital increases, earning higher risk-adjusted yields than traditional fixed income products while further diversifying a portfolio.
  • As pioneers of infrastructure debt finance, our dedicated debt investment team holds a distinguished track record in origination, structuring, execution, and funds management, with long-standing relationships with equity sponsors, banks, and advisors in Europe and elsewhere.
  • Since the launch of the platform in 2014 we have raised $1.6 billion in capital and invested over $770 million into private infrastructure debt transactions through co-mingled and separate account strategies. These include private investment grade debt to economic and social infrastructure businesses across the United States, Europe and the United Kingdom, and private high yield debt to operating economic infrastructure businesses in the United States through rated infrastructure notes.
  • Our dedicated product development team will work closely with you to develop the appropriate investment structure.

 

Infrastructure Listed

Liquidity allows for scalability and flexibility according to market conditions or funding requirements. With diversification across regions and sectors, listed infrastructure offers an asset-based inflation hedge with attractive risk-adjusted returns.

We adopt a pure-play, asset-based focus which best replicates the investment characteristics of private infrastructure, providing superior risk-adjusted returns.

Our infrastructure securities team, supported by a large analyst team, is well connected in local markets, allowing for detailed stock specific coverage and information gathering and relationship-building opportunities throughout the globe.

    • Investment process combining market-leading  DCF analysis
    • Rigorous qualitative assessments allow for full vetting of companies, sectors, regions, and capital markets
    • Portfolio construction process designed to produce alpha through relative stock value and top-down views
    • Proper risk management controls throughout

 

Our team

Hamish Mackenzie

Head of Infrastructure

Harold D'Hauteville

Head of Private Infrastructure Equity, Europe

Jonathan Newman

Head of Private Infrastructure Debt, North America

Sundeep Vyas

Head of Private Infrastructure Debt, Europe

Read more from DWS’ infrastructure experts

Additional Alternatives

Real Estate

 

  • $62.4 bn AUM*
  • 350+ dedicated on-the-ground professionals
  • 22 cities worldwide
  • 50+ years fiduciary experience
  • Deep insights from a research-driven approach, along with a bottom-up view from portfolio, asset management and transaction professionals shape decisions in core and non-core real estate and real estate debt.

Learn more >

 

*As of 12/31/19

 

Liquid Real Assets

 

  • $25.9 bn AUM*
  • An actively managed, fundamental, research-driven approach supports all activities in real estate securities, infrastructure securities, and active commodity investment.

Learn more >

 

*As of 12/31/19

 

Get in touch

Your Infrastructure specialists

For general contact information, please visit our Contact us page under Profile

nicole.thie@dws.com
Nicole Thie
Investment Specialist, North America
alice.miles@dws.com
Alice Miles
Head of Infrastructure Specialists

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