Our infrastructure success and competitive advantage are built on six key principles.
Targeting high-quality assets
We target core infrastructure assets that typically have strong market positions, conservative leverage, predictable regulatory environments and high barriers to entry.
Managing for long-term net returns
Our infrastructure strategies target a total return outcome that comprizes capital growth and cash yield using conservative levels of leverage. We aim to assist assets to deliver capacity enhancing capital investments that meet the long-term needs of customers and the community.
A large, dedicated investment team
Our team is able to implement appropriate governance structures and proactively work with experienced and capable management teams.
Focused on value creation
Our team can facilitate large, complex transactions, as well as smaller, accretive opportunities. We are also able to position individual operating companies and platform investments to allow for bilateral transactions.
Unique proprietary portfolio construction
Our infrastructure portfolio methodology (InFRAME) analyzes the underlying revenue streams and value drivers of infrastructure assets.
An integrated responsible investment approach
We take an integrated approach to responsible investment considerations. We believe this enhances the productive capacity and net performance of our portfolio companies over the long term.
Our Infrastructure knowledge hub
We are a pioneer of infrastructure investing. At IFM Investors, our clients benefit from 30 years of infrastructure experience. Over decades, our investment strategy and processes have been tried and tested. Discover our learnings and latest thinking.
Target sectors
We invest in essential infrastructure assets spanning a diverse range of sectors and asset types. Characteristics that tend to underpin our investments include monopolistic positioning, long concession life, predictable revenues, inflation protection, exposure to economic growth and a stable regulatory environment.
| Sector | Transportation | Utilities | Energy | Digital | Social infrastructure |
|---|---|---|---|---|---|
| Asset types | Toll roads | Gas & Electric | Renewables | Telecommunications | Education |
| Airports | Waste & Wastewater | Gas processing | Data storage | Aged care | |
| Seaports | District heating/ cooling | Pipelines | Government | ||
| Rail | Energy storage | Public transport | |||
| Diversified |
Our investment approach
How we manage our investments in infrastructure has been shaped by decades of experience.
We take a long-term approach and choose assets that typically have strong market positions, a predictable regulatory environment, high barriers to entry, limited demand-elasticity and long lives.
Primarily, we invest in OECD countries, with a focus on North America, UK/Europe and Australia, across a range of sectors. Once acquired, we adopt a hold, manage and reinvest strategy, with opportunistic exits.
InFRAME – a unique portfolio approach
In 2011 we launched InFRAMETM, a three-phase methodology that analyzes the underlying revenue streams and value drivers of infrastructure assets.
We believe InFRAME has proven to be invaluable in our due diligence and portfolio management processes, and differentiates IFM Investors in the marketplace. It enables us to:
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Generate a deeper, bottom-up understanding of each asset's risk and revenue profile and the influence this has on a wider investment portfolio.
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Build quantitative insights into the way infrastructure assets, and the sub-sectors to which they belong, respond to macro-economic drivers and scenarios.
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Create greater awareness of strategic allocation within an infrastructure portfolio, based upon the revenue characteristics of the underlying assets.
60,000+
employees across our portfolio companies in 20+ countries
US$74.2bn
infrastructure equity AUM (assets under management)
25+
years of experience investing in private markets
100+
team of infrastructure equity specialists
41
portfolio assets in communities across 20+ countries
14
airports
(in six countries, including UK, Austria, Australia and Malta)
22
toll roads
(in eight countries, including US, Italy, Spain, Mexico and Australia)
9
ports
(in five countries, including Canada, Australia, Poland and Turkey)
11,000
miles of pipeline
(A strategic stake in US petroleum energy infrastructure)
38,000kcbm
of storage capacity across 20+ countries
As at 31 Dec 2023
More information
For more information about our Infrastructure investment and asset management capabilities, please contact us online or reach out to your regional Client Solutions team.
