Announced

Completed

Swiss Life completed the acquisition of a 25.07% stake in Itinere Infraestructuras from APG Group.

Synopsis

Swiss Life, an investment management firm, completed the acquisition of a 25.07% stake in Itinere Infraestructuras, an infrastructure company, from APG Group, a pension fund management. Financial terms were not disclosed. "This investment not only marks a significant mile-stone for the GIO IV fund, it also confirms our commit-ment to high-quality infrastructure assets that provide stable, long-term returns for investors. The investment underscores the fund's strategy of supporting infra-structure projects that deliver essential services which are fundamental to economic growth, public safety and overall quality of life," Gabriele Damiani, Swiss Life Asset Managers Head Core/Core+Infrastructure International.

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