Igneo is a specialist global infrastructure manager targeting high-quality mature, mid-market infrastructure companies in renewables, digital infrastructure, waste management, water utilities and transportation/logistics sectors in the UK, Europe, North America, Australia and New Zealand. Operating since 1994, the team works closely with portfolio companies to create long-term sustainable value through innovation, a focus on responsible investment and proactive asset management. As of 31st March, 2025, Igneo managed more than US$20.5 billion in assets* for more than 200 investors around the world. For more information, visit igneoip.com.
*Excludes undrawn commitments
Recent highlights
- European diversified infrastructure fund I (‘edif I’) successfully concluded the managed wind-down of assets at the end of its 15-year term. the realisation of the fund’s assets represented an average net return and yield of 12.6% and 5.5% respectively.
- Recent senior hires in in North America brought Igneo’s global team to over 100 dedicated professionals.
- Fundraising for the European diversified infrastructure fund III is expected to reach its final close at a €5.0bn hard cap in 2025.
- Launched a dedicated North American infrastructure strategy in 2024.
- Igneo infrastructure partners was awarded top performing infrastructure core and core plus fund manager - Europe at 2024 Preqin awards.
Our vision & beliefs
Sourcing and investing in high-quality infrastructure businesses, where we see an opportunity to apply our operational skills and innovation, enables us to develop sustainable businesses that are leaders in their fields.
Great infrastructure businesses must have a foundation of excellent ESG management. A best-in class health and safety culture, prudent management of environmental risks, diversity and inclusion, strong governance and high employee engagement are good for the company, its stakeholders and the environment.
Fundamentally, good ESG management reduces risk and improves long-term investment returns. This is at the heart of our approach.
Investment process & research
Infrastructure assets are inherently long-term in nature and therefore a long-term investment horizon is the most appropriate approach both for creating sustainable value and for investors to access an increasingly attractive asset class.
The ability to evaluate and manage unlisted infrastructure businesses enables Igneo to apply a much larger set of asset management tools and strategies to pursue sustainable value-add initiatives than a short-term or a conventional private equity style strategy.
With the above factors in mind, Igneo’s investment philosophy has been developed based on the application of the lessons learned from having more than 25 years’ experience as an infrastructure investor and manager. Igneo has learned how to provide the optimum balance between the ability to deliver diversification of risk and the practical requirement to be able to engage in and lead proactive asset management strategies that have been shown as the fundamental driver of long-term sustainable value creation.
Strategies & products
Igneo Infrastructure Partners offers institutional investors a range of both global and regional investment strategies as well as a choice of closed-ended and open-ended structures.
Specialising in the mid-market, we seek to construct diversified portfolios of mature, unlisted, income-generating infrastructure businesses operating in the energy, telecommunications, transportation and utilities sectors. We target sole, lead or co-lead roles in portfolio companies and require board representation. This enables us to proactively approach all aspects of the company and better influence the Environmental, Social and Governance (ESG) practices to add value, manage risks and act as a catalyst to adopt industry best practice.
COMPLIANCE STATEMENT
This document is directed at professional investors only and is not intended for, and should not be relied upon by, other investors
The information included within this document and any supplemental documentation provided is confidential and should not be copied, reproduced or redistributed without the prior written consent of First Sentier Investors. Any investment with First Sentier Investors should form part of a diversified portfolio and be considered a long term investment. Prospective investors should be aware that returns over the short term may not match potential long term returns. Investors should always seek independent financial advice before making any investment decision. Past performance should not be used as a guide to future performance, which is not guaranteed. The value of an investment and any income from it may go down as well as up. An investor may not get back the amount invested. Currency movements may affect both the income received and the capital value of investments in overseas markets. Where a fund or strategy invests in fast growing economies or limited or specialist sectors it may be subject to greater risk and above average market volatility than an investment in a broader range of securities covering different economic sectors.
The fund(s) referred to in the Private Placement Memorandum(s) are domiciled in Luxembourg. They are alternative investment funds for the purposes of the EU Alternative Investment Fund Managers Directive (“AIFMD”). The alternative investment fund manager is First Sentier Investors (Ireland) Limited (the “AIFM”) which is authorised and regulated in Ireland by the Central Bank of Ireland. Details about the relevant fund are contained within the fund’s Private Placement Memorandum. The distribution or purchase of units or entering into an investment agreement with First Sentier Investors may be restricted in certain jurisdictions.
No person in any such jurisdiction should treat this document as constituting an offer, invitation or inducement to distribute or purchase shares or enter into an investment agreement unless in the relevant jurisdiction such an offer, invitation or inducement could lawfully be made to them. This document does not therefore constitute any offer, invitation or inducement to distribute or purchase units or to enter into an investment agreement by First Sentier Investors in any jurisdiction in which such offer, invitation or inducement is not lawful or in which First Sentier Investors is not qualified to do so or to anyone to whom it is unlawful to make such offer, invitation or inducement.
Igneo Infrastructure Partners is a UK trading name of First Sentier Investors International IM Limited. In the UK, this document is issued by First Sentier Investors International IM Limited which is authorised and regulated in the UK by the Financial Conduct Authority (registration number 122512). Registered office 23 St. Andrew Square, Edinburgh, EH2 1BB number SC079063.In the EEA, issued by First Sentier Investors (Ireland) Limited which is authorised and regulated in Ireland by the Central Bank of Ireland (registered number C182306). Registered office: 70 Sir John Rogerson’s Quay, Dublin 2, Ireland number 629188. Outside the UK and EEA, where this document may lawfully be issued, issued by First Sentier Investors International IM Limited, authorised and regulated in the UK by the Financial Conduct Authority (FCA ref no. 122512; Registered office: 23 St. Andrew Square, Edinburgh, EH2 1BB; Company no. SC079063).