AIIM named “Fund Manager of the Year” by Infrastructure Investor

African Infrastructure Investment Managers (AIIM), Africa’s largest dedicated sustainable infrastructure equity manager, is proud to announce that it has won “Fund Manager of the Year: Middle East and Africa” in the Infrastructure Investor Annual Awards 2024. The recognition highlights the firm’s outstanding performance, innovation, and leadership in African infrastructure investment.

Infrastructure Investor's Annual Awards honour the sector's managers, investors and advisers who have excelled in their respective fields. The Fund Manager of the Year Award is presented to the firm that has demonstrated the most exceptional achievements in the infrastructure space, showcasing a commitment to creating value for investors while driving sustainable, long-term infrastructure projects that positively impact communities and economies across the continent.

AIIM’s recognition is a testament to the firm’s exceptional investment strategies, its ability to navigate complex markets, and its dedication to advancing high-quality, future-ready infrastructure assets. Through a diverse portfolio focused on thematic investing across three key sectors: Digital Infrastructure, Energy Transition, and Mobility and Logistics, AIIM has demonstrated a strong track record of delivering consistent, risk-adjusted returns to its investors while maintaining a focus on sustainability and responsible investing.

Paul Frankish, AIIM’s Head of Strategic Initiatives commented: “We are truly honored to receive Infrastructure Investor’s Fund Manager of the Year Award, which not only reflects the hard work and commitment of our team, but also the unwavering support of our investors, and our partners. We are grateful for the trust they place in us as we continue to focus on creating value through impactful infrastructure investments that support Africa’s transition to a more sustainable and resilient future.”

In 2024, AIIM made significant strides, including the successful closing of its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4) and parallel vehicles at USD954 million, representing Africa’s largest alternatives fundraising in three years, Africa’s largest infrastructure fund closed since COVID, and one of the largest vehicles for African infrastructure ever raised. AIIF4 was 50% oversubscribed at close and received commitments from 29 global LPs (over 50% new investors to AIIM and Africa) from a diverse investor base across Africa, Europe, Canada, US, Middle East and Asia, with 60%+ committed to investments within two years of first close and all assets performing at, or ahead of, investment case, further strengthening AIIM’s leadership position in Africa’s infrastructure investment space.

AIIM’s commitment to transparency, governance, and long-term value creation has earned it a reputation for excellence. With USD3.1b AUM (almost doubling since 2020), 2024 has been a standout year for AIIM, consolidating its position as Africa’s largest and most active sustainable infrastructure manager and committing USD540m to new investments.

This accolade underscores the firm’s continued growth and success in a highly competitive sector. As Africa remains the most underserved infrastructure market globally, with a significant imbalance between the demand for high quality sustainable infrastructure and the supply of those services, AIIM remains poised to capitalize on emerging opportunities and continue its mission of delivering impactful, sustainable investments for its global client base.