Celebrating 25 years of Private Equity at Allianz!
In 1996, the Munich investment office was founded, followed by the New York office in 2002 and the Singapore office in 2007. During this quarter century, the ACP team has helped to build a balanced global portfolio, based on diversification across geographies, sectors, managers and vintage years. This has been achieved through primary and secondary commitments and the use of co-investments. The portfolio is equally split across Europe, Asia and the Americas. This work was also crowned with a range of industry recognitions over the years, most recently with an award by Private Equity Exchange for the “Best Global LP Strategy > USD 10bn” at the end of 2020.
The most recent development in this anniversary year is the newly launched strategy that provides institutional clients with the opportunity to invest together with Allianz in its global private equity program (click to read press release).
“Private Equity investments are an integral part of Allianz´s investment strategy, having generated stable and solid returns. With their long investment horizon, they are a good match with the long-term investment liabilities of Allianz insurance companies. Over the last 25 years, we have expanded our private equity investments and look forward to many more successful investments in this area with our esteemed colleagues at Allianz Global Investors/ Allianz Capital Partners. Congratulations to the team!”, says Carsten Quitter, Chief Investment Officer, Allianz Group.
The global private equity industry can also play an important role in tackling climate change. Just recently, Allianz Capital Partners joined Initiative Climat International (iCI), an initiative of leading private equity investors who strive to support the transition to a low-carbon economy.
Happy Quarter of a Century, Allianz!
About Allianz Global Investors
Allianz Global Investors is a leading active asset manager with over 690 investment professionals in 24 offices worldwide and managing EUR 633 billion in assets.
Data as of June 30, 2021
** As of September 30, 2023.
*** As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.
Allianz Global Investors / Allianz Capital Partners