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Antin Infrastructure Partners

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Antin Infrastructure Partners
Company typePrivate Ownership
IndustryPrivate Equity
Founded2007
Websiteantin-ip.com

Antin Infrastructure Partners is a private equity firm focused on infrastructure investment, with offices in Paris, London and Luxembourg.[1]

History

Antin was founded in Paris in 2007.[2][3] Initially sponsored by BNP Paribas, the firm bought out the bank's 40% stake in 2012. Led by ex-banker Alain Rauscher, in 2014 the firm owned a third of all trains running in the UK.[4] As of September 2018, Antin had 13 partners and over 80 professional staff.[5]

Antin sponsors a research chair in private equity and infrastructure at HEC Paris, which in 2019 was held by Denis Gromb, Professor, Finance Department.[6]

Investments

In September 2014 it was announced that the Israeli conglomerate Delek Group was selling UK motorway services company Roadchef to Antin for £153 million.[7]

Between 2014 and 2015, Antin acquired a 99% stake in Central Area Transmission System, a natural gas transportation and processing system, from BG Group.[8]

In July 2018, Antin announced that it was seeking to raise €5 billion for its fourth fund, having raised €3.6 billion for its third in 2016.[1][9] In April 2019, more than €2.5 billion had been committed.[10]

In September 2018, Antin was reported as having raised €8 billion, and to have invested in 22 companies.[5] In August 2019, Antin was reported by Bloomberg as "exploring" the sale of Eurofiber, a Dutch fiber-optic network owner for about Euro 1.5 billion, having bought the company for Euro 875 million in 2015.[11]

References

  1. ^ a b Tan, Gillian; Syed, Sarah (24 July 2018). "Antin Infrastructure Is Seeking $5.8 Billion for Its Fourth Fund". Bloomberg LP. Retrieved 13 September 2019.
  2. ^ Mkandawire, Vinjeru (4 May 2019). "Infrastructure giant Antin lining up $1bn sale of pipeline between the North Sea and Teeside". The Daily Telegraph. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  3. ^ "Antin Infrastructure Partners". infrapppworld. Retrieved 13 September 2019.
  4. ^ Chassany, Anne-Sylvaine (9 June 2014). "Antin raises €2bn fund to buy European infrastructure". Financial Times. Retrieved 28 October 2019.
  5. ^ a b Berge, Aslak (3 September 2018). "Antin Infrastructure Partners to acquire Sølvtrans from Oaktree". Salmon Business. Retrieved 15 January 2020.
  6. ^ "Private Equity and Infrastructure Antin IP Research Chairs". HEC Paris. Retrieved 13 September 2019.
  7. ^ "Delek Group to sell Britain's Roadchef for $250 million". Reuters. Thomson Reuters. 14 September 2014. Retrieved 13 September 2019.
  8. ^ Denina, Clara; Nasralla, Shadia (4 September 2019). "RPT-Antin Infrastructure hires banks to sell UK gas pipeline". Thomson Reuters. Retrieved 4 November 2019.
  9. ^ Espinoza, Javier (12 December 2016). "Antin raises €3.6bn fund for European infrastructure assets". Financial Times. Retrieved 28 October 2019.
  10. ^ Bentley, Zak (18 April 2019). "Antin halfway to fund IV target with first close". Infrastructure Investor. Retrieved 13 September 2019.
  11. ^ Balezou, Myriam; Nair, Dinesh (30 August 2019). "Antin Explores Sale of Dutch Network Owner Eurofiber". Bloomberg LP. Retrieved 15 January 2020.