We are constantly in dialogue with key decision-makers at leading utilities, project developers and specialized service providers, as well as political bodies and regulators. This enables us to source investment opportunities that may not be suitable – due to investment restrictions or concentration limits – for an existing separate account or commingled fund.
When this happens, we can offer single-investment opportunities on a selective basis to key clients. Asset-specific mandates give clients direct investment exposure to assets in special situations, enabling them to gain significant exposure to single assets or projects. A separate fund is set up to match investors with specific assets. We perform due diligence and portfolio management on behalf of the client. However, the absolute investment discretion remains on a “deal-by-deal” basis with the client.