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AMP Capital wins US$200m mandate

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By Reporter
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2 minute read

The Ontario Pension Board has awarded a $200 million global infrastructure mandate to AMP Capital.

The commitment from the big Canadian fund is a “further endorsement of the strength of the strategy”, said AMP Capital global head of infrastructure equity Boe Pahari.

“Growing numbers of institutional investors are seeking greater exposure to alternative assets such as infrastructure, attracted to its predictable risk-adjusted returns, consistent yields and portfolio diversification,” Mr Pahari said.

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“AMP Capital’s global infrastructure strategy is a great way to gain access to an asset class that is benefiting from unprecedented demand across the globe for infrastructure investment,” he said.

Ontario Pension Board private markets managing director Glenn Hubert pointed to AMP Capital’s “long and successful history in infrastructure investment”.

“We’re pleased to partner with AMP Capital through this commitment, particularly as it grows its presence in North America,” Mr Hubert said.

AMP Capital head of Americas/infrastructure equity Dylan Foo said the global firm will continue to focus on mid-market opportunities.

“We look forward to expanding the global infrastructure strategy by attracting additional commitments from North American investors as well as acquiring high-quality assets in the region for our clients and the strategy,” Mr Foo said.

AMP Capital wins US$200m mandate

The Ontario Pension Board has awarded a $200 million global infrastructure mandate to AMP Capital.

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