Robeco and Gravis have joined forces to to create a global footprint for the existing Digital Infrastructure Income Fund which invests in stock market-listed companies, best-in-class pure-play owners of digital infrastructure.
It will focus on growth and income, as well as offering stable inflation protection characteristics.
Gravis is a UK-based boutique fund manager, specializing in real assets such as infrastructure and real estate, and with Robeco’s global distribution footprint and knowledge of creating Luxembourg entities and structuring, the two firms said they are now offering clients a global investment opportunity with a long-term horizon aiming for stable, predictable cash flows.
Established in 2021, the original strategy is one of the few worldwide based on investments in the enablers of the digital economy. The new fund offers a diversified portfolio of securities in companies which own physical infrastructure assets vital to the digital economy. This includes data centers, telecom towers, fiber optic cable companies, e-commerce fulfillment centers, and logistics warehouses supporting e-commerce. All companies are listed and located in developed nations, with an attractive combination of income and growth-oriented returns.
The Robeco Gravis Digital Infrastructure Income Fund is a sub-fund of the Robeco Capital Growth Funds SICAV and Article 8-classified under the Sustainable Finance Disclosure Regulation (SFDR). The fund will be managed by a London-based team at Gravis. Additionally, the fund is in line with Robeco’s Stewardship Policy, which includes Robeco’s Engagement Policy, Robeco’s Proxy Voting Policy and the Robeco Exclusion Policy.
Ivo Frielink, member of the executive committee, head of strategic product & business development at Robeco, said: "We’re excited about this collaboration between us two ORIX group companies. This builds on our ongoing journey of uncovering new opportunities for investors and allows our clients to benefit from this fund’s attractive inflation protection characteristics. This kind of investment can withstand or even thrive amid elevated inflation by adjusting rents to counter price increases."
Phil Kent, CEO Of Gravis Capital Management said: "The Digital Infrastructure Income strategy is a prime example of the strength of Gravis – being a first mover in new sectors, with innovative products that meet the needs of investors. We’re thrilled that we’ve been able to work with Robeco on this project, tapping into its vast experience of global products and distribution to offer this new fund to European clients."
