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VAM Funds launches infrastructure strategy with Foresight Capital Management

News Team, 02/06/2021

Luxembourg SICAV fund management company VAM Funds (LUX) has partnered with Foresight Group to launch its global infrastructure strategy,

VAM Global Infrastructure Fund (GIF) will be managed by Foresight Capital Management (FCM). The fund’s investment strategy will focus on globally-listed asset-owning infrastructure and renewables businesses, tapping into the growth potential and attractive risk-adjusted returns available to investors.

It will be distributed in South Africa, Singapore, the Middle East and Europe through VAM’s established global distribution capability

FCM has an extensive track record in investment management, having generated consistent outperformance for Foresight’s Global Real Infrastructure Fund, which reached a net asset value of £500 million within two years of launch. Fundeye has profiled Foresight’s infrastructure fund, which was later shortlisted among high-performing strategies.

VAM believes the newly announced product will complement VAM’s range of funds including its single strategy products and discretionary funds.

Mark Brennan, Director and Head of Investments at Foresight Capital Management, said: “This new investment mandate for FCM represents a landmark endorsement of the team’s investment capability and track record. Having built up AUM in the UK to £1.1bn since 2017, FCM’s new partnership with VAM Funds now opens up several large global distribution markets. We are excited at the prospect of working with the VAM Funds team and look forward to growing the VAM Global Infrastructure Fund together.”

Brendan Adams at VAM Funds, added: “We believe that investing in infrastructure represents an excellent way for investors to participate in the economic, social, and environmental future of countries around the world, and will be an important addition to our range of offerings. We look forward to working with the Foresight team as we bring this capability to our global network of financial intermediaries and institutions.”

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