Alexforbes Investments launches infrastructure fund-of-funds

Targeting a fund size of $277 million, investments will span sectors including energy, transportation and public utilities.

** For the best experience, download the free Africa Private Equity News app Android | iOS **

---

Alexforbes Investments has launched the AF Infrastructure Impact Fund-of-Funds, providing clients with exposure to an asset class offering long-term inflation-beating returns while addressing South Africa's critical infrastructure needs.

Targeting a fund size of R5 billion (c. $276.7 million), investments will span sectors including energy, transportation and public utilities. Projects will encompass renewable energy (such as solar and wind) and essential infrastructure (including roads, railways and public health facilities).

AF Infrastructure Impact GP will serve as the general partner, overseeing strategic direction, while Alexander Forbes Investment Administration will manage the investments. Alexforbes has a dedicated investment team focused on managing alternative asset classes, who will be responsible for the management of the fund.

Lebo Thubisi, deputy chief investment officer at Alexforbes Investments stated, "The AF Infrastructure Impact Fund-of-Funds represents more than just an investment opportunity; it's a step towards a future that resonates with growth, inclusivity, and sustainability."

Stay ahead in Africa's private equity and venture capital sector with Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe here