UBS launches infrastructure fund of funds
The UBS AFA Global Infrastructure Multi-Manager Fund targets AsiaÆs investors, but will largely steer clear of investing in Asian infrastructure.
UBS is about to launch a new global infrastructure fund of funds named the UBS AFA Global Infrastructure Multi-Manager Fund. It has an initial target size of $200 million. Aimed at institutional investors, it follows in the footsteps of a sister fund aimed at Swiss pension funds named the UBS Investment Foundation Infrastructure that raised CHF1.5 billion, so the hope is to achieve a larger final closing size for the new fund.
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