Industrials & Infrastructure

Selective exposure to industrial and infrastructure-like assets with predictable cashflows.

Thesis

We look for assets with predictable revenues: recurring income, long-term contracts, infrastructure-like characteristics or strong niche positions.

Operational excellence, procurement/logistics, CapEx discipline, pricing mechanisms and governance improvements.

Cyclicality, regulation, energy and supply chains are addressed via scenarios, contract logic and structuring.

We combine real assets, selective private markets and liquid markets. Liquidity is actively managed as a buffer and opportunity reserve.