Eiser Infrastructure Partners Acquires Fortis Investments' Global Infrastructure Management

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18th January 2010, 10:22pm - Views: 725






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MEDIA RELEASE PR37911


EISER Infrastructure Partners Acquires Fortis Investments' Global Infrastructure

Management


LONDON, January 18 / PRNewswire-AsiaNet/ --


    EISER Infrastructure Partners has announced the acquisition of the

general partner of the EISER Global Infrastructure Fund (formerly ABN AMRO

Global Infrastructure Fund) from Fortis Investments. EISER's team is set to

transfer to the new entity. EISER Infrastructure Partners is owned by Hans

Meissner, Hafeez Ahmed, Jaime Hector and Vivian Nicoli.


    EISER Infrastructure Limited, which is wholly owned by EISER

Infrastructure Partnership, was originally developed by ABN AMRO in 2005 as a

third-party Global Infrastructure Fund before being acquired by Fortis

Investments during the Consortium take-over of ABN AMRO in 2008. It will

continue to manage the EISER Global Infrastructure Fund on behalf of its 19

institutional investors. EISER currently manages eight investments - seven in

Europe and one in Australia - with a combined enterprise value of over EUR 3

billion. BNP Paribas will remain one of the Fund's investors and a member of

the Fund's advisory board.


    EISER stated that it is in the process of launching a follow-on fund,

"Fund II", which will target a similar size and be managed according to a

similar strategy as its existing Fund. Fund II will target EUR 1 billion in

equity capital commitments from third-party investors and will aim to invest

the majority of this capital in European infrastructure assets. The

Partnership stated that it was encouraged by the strong support for its

investment platform from its existing investor base, as well as from other

interested investors.


    BNP Paribas stated that although it was no longer a parent sponsor of

Fund II, it would look to invest in Fund II, with a commitment of EUR 100

million. Fortis Investments stated that it wishes to ensure a smooth

transition to the Partnership ownership structure by allowing EISER to use,

wherever necessary, services such as IT for a 12-month transition period.


    Notes for Editors


    The EISER Fund, with over Eur 1.1 billion in committed capital, is

managed by EISER Infrastructure Limited, a separately FSA regulated entity

owned by EISER Infrastructure Partners. The current 10 year closed-end Fund,

developed in 2005, invests in infrastructure assets globally, with a

particular focus in Europe. The Fund's investor base is made-up of

institutional investors, such as pension funds, life insurance companies, and

other financial institutions, from Europe and Japan.


    Press Contact:


    Hans Meissner

    +44-207-063-7665

    Hans.Meissner@eiserinfrastructure.com


    Hafeez Ahmed

    +44-207-063-7504

Business Finance EISER 3 image

    Hafeez.Ahmed@eiserinfrastructure.com


    http://www.eiserinfrastructure.com


    SOURCE: EISER



Translations:

   Chinese - Traditional (http://asianetnews.net/Download.asp?ID=145214)




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