All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy. Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters. Many of these banks have a public interest mission, such as poverty reduction. (“Medipass”). Alternatively, the EIB can be contacted through its external offices. - Electricity, gas, steam and air conditioning supply, - Water supply; sewerage, waste management and remediation activities. Europe and Central Asia. Location. The categories of the bank investment: loan, grant, etc. The Bank will assess the fund manager's capacity and procedures to ensure compliance with the national and European environmental regulations of the individual projects. The decision dates may change, so review updated project documents or contact the EWS team. The fund’s objective and strategy will also change at that time. Blue Pearl Energy’s investment programme enjoys the financial backing of DWS’ institutional pan-European infrastructure fund, the third in the series. Value listed on project documents at time of disclosure. Thomas Kalthöfer will be based in London, and joins the team managing DWS’ €2.5bn pan-European infrastructure fund. This does not include online advertising cookies. You can write to the Ombudsman in any of the languages of the European Union. This solid financial footing will enable the platform to acquire SMEs specialising in one or several aspects of B2B energy services throughout France, Germany, Spain, Belgium, and Central Europe. DWS PAN-EUROPEAN INFRASTRUCTURE FUND III (EIB-20190248) Regions. This includes the following segments: Transportation (roads, airports, marine ports and railways), energy (gas and electricity transmission, distribution and generation), water (irrigation, drinking water and sewage) and communications (radio and cell towers, satellites, fiber optic and copper cable). Contact the EWS Team. The European Ombudsman acts as an independent external accountability mechanism of the EIB. Where the impacts of the investment may be experienced. The fund invests at least 80% of its net assets in the securities of U.S. and non-U.S. infrastructure-related companies. bulk storage, leasing, social infrastructure). Most of the projects financed by the fund are expected not to be subject to public procurement procedures as outlined in Directive 2004/17/EC or 2014/25/EU where applicable. Our website uses anonymised cookies to give you the best browser experience and to collect aggregated statistics. Net flows and Management fee margin annualized. RREEF has completed the first close of its pan-European infrastructure fund after raising €561m (£378m). Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. The fund follows a buy and build strategy that consists in acquiring controlling stakes in mature operational assets and then developing and optimising them further. Senior Advisor at DWS Infrastructure Fund and Board Director of SAVE S.p.A London Area, United Kingdom 500+ connections. Receive updates of the EIB Group’s activities in Europe and around the world. See the prospectus for more details. The fund focuses on "pure-play" infrastructure, which means we are buying companies that own and/or operate the physical infrastructure asset. The investment team intends to invest in the EU and selectively in European Free Trade Association (EFTA), the United Kingdom (UK) and North America, in a wide range of infrastructure sectors including transportation and logistics, power, energy (including renewable energy), utilities, telecommunications as well as specialist sectors (e.g. All aboard DWS’s Peel Ports continuation fund We analysed the prospects for ‘win-win-win’ continuation funds back in September 2019, and DWS is the latest infrastructure player to try its hand in this nascent market. Join to Connect DWS former Deusche Asset Management & RREEF Pan European Infrastructure Fund. Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full … The planned vehicle would follow the July 2017 closing of DWS’s Pan European Infrastructure II fund on €1.8 billion, which also secured a further €800 million for co-investments. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Deutsche Asset Management has closed its second Pan-European infrastructure fund at about 1.8 billion euros. Financial Institutions. 26 July 2017. International, regional and national development finance institutions. If necessary, converted to USD$. If you agree, this website section will also include third-party cookies used in online advertising. The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Milan, September 7 2020 – KOS and Inframedica S.àr.l., a company directly and wholly controlled by DWS Alternatives Global Limited, the investment manager delegated to manage the Pan European Infrastructure III Fund, SCSp (“DWS”) have signed a binding agreement for the transfer from KOS to DWS of 100% of the shares of Medipass S.r.l. According to EIB website, the loan is an equity fund targeting investments in infrastructure companies predominantly in Europe. Please review updated project documents for more information. Pan-European Infrastructure III is a 2019 private equity fund currently fundraising and investing. Blue Pearl Energy’s investment programme enjoys the financial backing of DWS’ institutional pan-European infrastructure fund, the third in the series. DWS's fundraising follows last month's closing of Macquarie's sixth European Infrastructure Fund with 6 billion euros of committed capital which went well beyond its initial target of 5 billion euros. Please see updated project documentation for more information. 2nd December 2020. 2 percent of the fund is owned by fund of funds. Contribute Information Sapienza Università di Roma. DWS has appointed Thomas Kalthöfer as investment director within its global infrastructure investment business. bulk storage, leasing, social infrastructure). Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk. European Investment Bank (EIB) International, regional and national development finance institutions. DWS PAN-EUROPEAN INFRASTRUCTURE FUND III Promoter – Financial Intermediary. Italian healthcare group KOS has completed the sale of Medipass to asset manager DWS through its Pan European Infrastructure III Fund for €169.2m (US$191.9m). DWS Investments is an experienced investor owning significant interests in core infrastructure assets in … In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. Transparency, accountability and access to information, Taxation: avoiding misuse of EIB Group operations, Intermediated loans for SMEs, mid-caps and other priorities, Investments in infrastructure and environmental funds, Guarantees in support of SMEs, mid-caps and other objectives, EU Trade and Competitiveness Programme in Egypt, Jordan, Morocco and Tunisia, Connecting Europe Facility Debt Instrument, EIB in the Mediterranean partner countries*, The EIB in the Eastern neighbourhood countries, The EIB in sub-Saharan Africa, the Caribbean and the Pacific, Economic conferences and research networks, Open learning: resources for learners and researchers, Projects to be financed – explanatory notes, Environmental and Social Data Sheet (ESDS) - DWS PAN-EUROPEAN INFRASTRUCTURE FUND III, Coronavirus pandemic: All about the EIB Group’s response. Please also visit our Media information section. If necessary, converted to USD$. DWS, the fund manager majority-owned by Deutsche Bank, has recruited a former Barclays corporate banker who specialises in German energy transactions, for its growing infrastructure investment unit. Description. DWS Invest Euro High Yield Corporates USD LDMH LU0616840939: Bond Funds: Growth-oriented: n/a: 111,36: 114,81 USD 111,36 USD: 1,39%: 1,41%: DWS Invest German Equities USD LC LU0740824916: Equity Funds: Growth-oriented: 2021-01-31: 168,79: 177,67 USD 168,79 USD: 20,04%: 5,28%: DWS Invest German Equities USD LCH LU0911036720: Equity Funds: Growth-oriented: n/a: 186,45: 196,27 USD … Source: DWS as of 9/30/20. The real estate and infrastructure investment management arm of Deutsche Asset Management said that the fund would invest principally in the mature infrastructure sector of major European economies. Media-related enquiries can be addressed to the EIB Press Office. See the prospectus for more details. Our website uses anonymised cookies to give you the best browser experience and to collect aggregated statistics. The DWS Pan-European Infrastructure Fund III fund and Blue Pearl Energy have teamed up to invest up to €600m to buy small and medium-sized energy services firms in Europe. The investment team intends to invest in the EU and selectively in European Free Trade Association (EFTA), the United Kingdom (UK) and North America, in a wide range of infrastructure sectors including transportation and logistics, power, energy (including renewable energy), utilities, telecommunications as well as specialist sectors (e.g. The EIB has a zero tolerance policy on fraud or corruption. HMi reported on the deal in September. The predecessor fund raised €1.8bn in June 2017. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. The legal documentation to be entered into by the Bank will include the obligation for the fund manager to ensure that the portfolio companies are in compliance with EU legislation. recognised as a partner to a pan-European ESFRI or other world-class research infrastructure. Prior to 9/23/19 this fund was known as DWS Mid Cap Value Fund . Note: DWS as of 9M-17 (except AuM and net flows as of FY 2017), Peers 1, 2 & 4 as of 9M-17, Peer 3 as of H1-17. Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. 2007 Vintage USD 2,067m Size Buy and sell stakes in Pan-European Infrastructure Fund (PEIF I) Access a unique secondary deal … Peel Ports Investments (IOM) Ltd, a wholly owned (indirect) subsidiary of Peel Holdings Group Limited (Peel Group), is a … In a meeting document, LACERA said the latest DWS fund will target core-plus utilities, renewables, transportation, waste and energy infrastructure assets. The newly launched platform will create a network of small and medium-sized enterprises (SMEs) specialising in various fields of energy services for private and public sector clients and will provide an alternative to large energy … The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. Can you contribute information about this project? the existing shareholders (Peel Group and an investment vehicle managed by DWS Group on behalf of Pan-European Infrastructure Fund L.P.). Overall, new product launches have contributed nicely to Rreef Pan-European Infrastructure Fund L.P. is a private equity fund operated by Deutsche Alternative Asset Management (Global) Limited and has approximately $5.8 billion in assets. Management owns just 2 percent of the fund. DWS has more than 25 years of direct infrastructure investment experience and one of the longest track records in the industry. Based in London, Kalthöfer will join the Pan European Infrastructure (PEIF) investment team which currently manages PEIF II, a closed-end fund focusing on unlisted European infrastructure investments that closed in 2017 with €2.5bn available to invest. DWS Invest Global Infrastructure invests primarily in equities from issuers in the global infrastructure sector. DWS Investments, investing through its Pan-European Infrastructure Fund, is part of Deutsche Bank AG, with more than €2 billion of assets under management. 13. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces, DWS PAN-EUROPEAN INFRASTRUCTURE FUND III (EIB-20190248). The fund manager will be required to ensure that all investments comply with the EIB's environmental and social standards. Value listed on project documents at time of disclosure. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. The fund's investment guidelines will be required to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the relevant directives. The pan-European infrastructure fund Marguerite II aims to plug the market gap in financing for early-stage projects with a unique group of backers, five national promotional banks and the EU bank When a European research institution or company sends data to South America, the digital information has to make the trip along cables that go through the United States. pan-European infrastructure fund series from investors around the world. Deutsche Bank's asset manager DWS is in talks to raise at least 2.5 billion euros ($2.78 billion) for a new infrastructure fund, three sources told Reuters, tapping into strong investor demand for the asset class. DWS is carrying out a single-asset process on a top-performing infrastructure asset.. A project can have several sectors. Objectives. Given the level of interest we continue to see in the strategy, we remain on track to comfortably exceed the most recent infrastructure fund’s target of €2.5 billion. No contact information provided at the time of disclosure. The current minimum investment for Rreef Pan-European Infrastructure Fund L.P. is $10522549. According to sources, DWS Pan-European Infrastructure Fund III fund, which plans a €2.5bn fundraise, has so far received €1.6bn in capital commitments. First look. The service or industry focus of the investment. The estimate day the bank will vote on a proposed investment. That fund is now thought to be about 60 percent invested, with a further one or two additional acquisitions expected to fill out the portfolio. The holder of the loan, grant, or other investment. French investment firm Ardian raised 6.1 billion euros for its fifth fund in March, taking less than six months to fulfil its fundraising ambitions. The fund follows a buy and build strategy that consists in acquiring controlling stakes in mature operational assets and then developing and optimising them further. Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. Access to opportunities The project consists of an equity fund targeting investments in infrastructure companies predominantly in Europe. Pan-European Infrastructure Fund (PEIF I) is a closed private equity fund managed by Infrastructure Investment Management. The quality of the RPF, including the level of its scientific service, management and access policy, must meet the same standards required for pan-European research infrastructures. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure. The fund’s objective and strategy also changed at that time. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf, When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes). LACERA declined a request for further … A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form, via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. Where the impacts of the investment may be experienced. DWS Group (DWS) is one of the world's leading asset managers with EUR 752bn of assets under management (as of 30 September 2019). Thank you for subscribing to the European Investment Bank’s monthly newsletter. At the same time as selling its 10 or 12.5% stake, DWS is also expected to ask limited partners in its Pan-European Infrastructure Fund (PEIF) that owns the Peel stake whether they want to retain their commitments – equivalent of a so-called continuation process - or sell out. We have been involved in landmark infrastructure transactions across the globe including infrastructure privatization and major investments in motorway, locomotive leasing and airports in Continental Europe, most notably Australia, Germany, Italy and the United Kingdom. Prior to 10/1/19 this fund was known as DWS European Equity Fund.