UK-based Pacific Asset Management has announced a partnership with Maple-Brown Abbot Global Listed Infrastructure (MBA-GLI), a boutique based in Australia that is affiliated to Maple-Brown-Abbot.
The two partners intend to launch a global listed infrastructure Ucits infrastructure fund with anticipated assets under management of around $600 million.
The Pacific Maple-Brown Abbott Global Infrastructure Fund will be run by a MBA-GLI’s Sydney-based team which currently managers around $3.6 billion in infrastructure assets.
Pacific will provide the technology and operational resources in a bid to provide “meaningful efficiencies and pricing power” as well as its distribution network.
“We are deliberately broadening our range to meet the evolving needs of our clients and changing market dynamics,” said Mathew Lamb, Pacific AM’s CEO.
“Leveraging the technology and business infrastructure provided by Pacific means that we can focus on the job of investing and providing alpha to investors,” said Andrew Maple-Brown, co-founder of MBA-GLI.
