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Announced

Allianz Capital Partners, IPP, Swiss Life AM and Dalmore Capital to acquire a 10.66% stake in Thames Tideway Tunnel from DIF Capital Partners.

Synopsis

Allianz Capital Partners, an investor, Amber Infrastructure-backed International Public Partnerships, a British publicly listed investment company, Swiss Life AM, an investment management firm, and Dalmore Capital, an independent fund management company, agreed to acquire a 10.66% stake in Thames Tideway Tunnel, a UK-based infrastructure project, from DIF Capital Partners, an independent infrastructure fund. Financial terms were not disclosed. “During our joint ownership, the co-shareholders have championed our collective vision of providing long-term benefits to London by upgrading its essential infrastructure. We are delighted to leave Tideway under their stewardship," Andrew Freeman, DIF Head of Exits.

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