InfraRed closes sale of European Real Estate Investment Management business
|Category||Infrastructure / London|
Matthew Thomlinson: +44 7785 528363
Jesse Mathews: +44 7912 783513
InfraRed Capital Partners ("InfraRed") today announces the closing of the sale of InfraRed European Real Estate Investment Management to ARA Dunedin, a subsidiary of ARA Asset Management.
The transaction, signed in August 2021, was the result of a strategic review undertaken by InfraRed to determine the long-term evolution of its real estate investment management business, following the announcement of its partnership with Sun Life in December 2019.
InfraRed will now focus solely on its infrastructure proposition to provide long-term predictable income streams for its investors across assets in core and energy infrastructure.
About InfraRed Capital Partners:
InfraRed Capital Partners is an international infrastructure investment manager, investing in real assets which contribute positively to society and support the transition to a net zero future. It operates worldwide from offices in London, New York, Sydney and Seoul. With around 165 professionals, it manages US$10bn+ of equity capital in multiple private and listed funds, primarily for institutional investors across the globe.
At InfraRed, a long-term, sustainability-led mindset is essential to delivering lasting success, and this mindset directs its assessment and management of the Environmental, Social and Governance (“ESG”) aspects of its business. InfraRed has been a signatory of the Principles of Responsible Investment since 2011 and has been awarded triple A+ score in the 2020 review (relating to the 2019 assessment period). It is also a member of the Net Zero Asset Manager’s Initiative, a certified CarbonNeutral® company1 and is a TCFD supporter.
InfraRed is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. Over the past 30 years, InfraRed has established itself as a highly successful developer and custodian of core infrastructure, renewable energy and real estate assets that play a vital role in supporting sustainable communities.
1. In accordance with The CarbonNeutral Protocol. Further information is available at https://carbonneutral.com/ the-carbonneutral-protocol