Arcus is pleased to communicate that the Roll Proposal for a 10 year fund life extension of AEIF1 has received 91% support from investors, well above the required 66% threshold, and is therefore approved. Over the course of the following months, Arcus will work to ensure a smooth implementation of the extension, which will become effective on 1 December 2017.
AEIF1 is an unlisted fund with over €2 billion of commitments backed by over 30 institutional investors from around the world; it currently manages 4 high quality infrastructure assets throughout Europe.
AEIF1 sold its position in Angel Trains in August 2015 and its position in Shere Group in October 2016. Both realised investments exceeded their original return targets. Arcus’s strategy for the remaining assets is to actively manage them to secure optimal results for AEIF1 and its investors at the point of realisation.
Clifford Chance acted as legal adviser to the General Partner of AEIF1.
Baker MacKenzie acted as legal adviser to the advisory board of AEIF1.
Head of Investor Relations
Phone: +44 207832 3415
Investor Relations Executive
Phone: +44 20 7832 3407
This information note (“Note”) has been prepared by Arcus European Investment Manager LLP (“Arcus”) for use solely for information purposes. Arcus makes no representations or warranties to the accuracy or completeness of any past, simulated or estimated performance results contain herein, and further nothing contained herein shall be relied upon as a promise by, or representation by, Arcus whether as to past or future performance results.