Celebrating 25 years of Private Equity at Allianz!

Alternative Assets are an important pillar of the Allianz investment universe. They make up 21% (FY2020) of total investments and include Private Equity, Private Debt, Infrastructure and Real Estate. In November 1996, Allianz made its first private equity fund investment. Since 1996, Allianz Capital Partners has made over 500 investments in funds worldwide and has established relations with over 200 fund managers. Today, Allianz is one of the largest private equity investors and the largest one among insurers globally*, having grown its assets under management in this area six fold over the last decade. Private Equity is an important part of the alternative investment strategy of Allianz and has successfully managed to navigate several crises be it the New Economy bubble in 2000, the financial crisis in 2008 and most recently the Corona pandemic. Allianz has been a consistent investor in the asset class, even during the challenging year of 2020 when Allianz invested EUR 3bn in private equity funds globally. 

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 here  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!

Allianz Global Investors marked 25 years of Private Equity with a post on LinkedIn. Follow AGI on LinkedIn by clicking here.
* Global Investor 100 | Top private equity investors | Private Equity International
Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing EUR 533 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.
Data as at 31 December 2023. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Global Investors companies are responsible vis-á-vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor (these include Allianz Global Investors assets which are now sub-advised by Voya IM since 25 July 2022). This excludes assets for which Allianz Global Investors companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.
The Allianz Group is one of the world's leading insurers and asset managers with around 125 million* private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 737 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.7 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of December 31, 2023.

Press contact

Pia Groeger
Allianz Global Investors / Allianz Capital Partners
As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:

Further information

Allianz invests in first ever German-British energy link NeuConnect

NeuConnect is a privately-financed interconnector that will connect Germany´s and the UK´s energy power grids for the first time. It could deliver a net reduction in carbon emissions of over 13 Mt of CO2 over 25 years and power up to 1.5 million households.

AllianzGI´s first real estate private debt fund holds first close at EUR 515mn

Allianz Global Investors (AllianzGI) today announced the first close of the Allianz Global Real Estate Debt Opportunities Fund (AGREDO) at EUR 515mn. The fund that was launched in February 2022 is the first real estate private debt fund of AllianzGI. The AGREDO enables investors to invest alongside Allianz and aims to provide them with access to a globally diversified portfolio of higher yielding real estate debt opportunities with strong downside protection.

Allianz European Infrastructure Fund II holds first close at EUR 880mn

The fund, which was launched in December 2021, allows institutional investors to invest alongside Allianz in infrastructure equity. The investment focus is on essential infrastructure in Europe.