Since 1998 we have acquired over 61 unlisted infrastructure assets, making Whitehelm one of the world’s most experienced unlisted infrastructure investors
Whitehelm has been originating, acquiring and managing unlisted infrastructure assets for institutional investors for over 23 years. Over this period, we have invested more than A$8.5 billion in over 61 unlisted infrastructure assets, with A$10.1 billion returned to investors and A$3.2 billion in assets currently under management. We have achieved strong returns of over 12.1% p.a. across multiple market cycles and with an exceptional track record of capital preservation.
Whitehelm’s unlisted infrastructure investment approach is underpinned by a relentless focus on relative value. Our approach to investing remains focused on unlisted equity investments in the small and mid-market of the infrastructure sector. This focus is a result of the more limited competition in this sub-sector in contrast to the high competition and high valuations at the larger end of the infrastructure sector.
Our comprehensive ‘bottom-up analysis’ of the cash flows that are generated by assets allows us to broaden the opportunity set, facilitates effective comparison of opportunities, and enables selection of those assets and sectors offering the highest risk‑adjusted returns at any point in time.
Whitehelm’s rigorous Investment Philosophy also means that we:
Whitehelm’s active asset management allows us to both protect and enhance the value that is generated from each investment.
We work collaboratively with our investee companies across all facets of their business – from the strategic and operational direction to financing structures – to unlock additional returns for our clients and protect them from any downside.
Whitehelm’s unlisted infrastructure offering provides:
International Parking Group (IPG) is the owner and operator of hospital car parks across New South Wales and Queensland. IPG’s car park investments are generally delivered under a build, own, operate and transfer scheme, typically for concession periods ranging between 20 to 30 years.
Southern Water is a licensed monopoly provider of water and wastewater services in the UK. The company supplies water and wastewater treatment services to more than 4.6 million people in the South East of England, one of the most populous and affluent regions in England. Southern Water is regulated by Ofwat.
Arqiva is a UK telecommunications company which owns and operates the UK’s terrestrial transmission network with respect to television and radio broadcast. Arqiva also provides satellite transmission services to content providers; transmission and access services to mobile network operators and public safety organisations; and smart metering services.
One of the world’s most experienced infrastructure managers & investment strategy advisers