Pacific Asset Management (“Pacific”) has entered into a new partnership with Australian investment manager, Maple-Brown Abbott Global Listed Infrastructure (“MBA GLI”), with the intention to launch a global listed infrastructure UCITS fund with expected AUM of c.$600 million.
The Pacific Maple-Brown Abbott Global Infrastructure Fund will be run by MBA GLI’s nine-strong Sydney-based team, which manages around US$3.5bn in infrastructure strategies. The group typically builds concentrated portfolios of 25-35 holdings, using a disciplined definition of infrastructure and focusing on companies with defensive characteristics, inflation-linked revenues and strong sustainability credentials.
The new fund will benefit from Pacific’s institutional-grade infrastructure and best-in-class technology and operational resources, providing meaningful efficiencies and pricing power. It will also draw on Pacific’s established distribution network, offering access to global financial institutions, wealth managers and institutional investors.
Headquartered in Sydney, Australia, MBA GLI was formed in 2012 and is an affiliate of Maple-Brown Abbott, which is one of Australia’s most enduring boutique investment managers. MBA GLI is led by portfolio managers, Andrew Maple-Brown, Steven Kempler, and Justin Lannen, who have worked together for close to 20 years, and alongside other investment team members who are majority owners of the business.
Under the agreement, Maple-Brown Abbott’s existing UCITS fund will be transferred into the Pacific UCITS structure bringing assets under management of approximately US$600 million, whilst ensuring continuity of the investment team and a seamless transition for investors.
Matthew Lamb, CEO, Pacific Asset Management, said:
“At Pacific we are focused on delivering high-conviction, craft investment strategies to our clients around the world. We are deliberately broadening our range to meet the evolving needs of our clients and changing market dynamics. By partnering with MBA GLI, we can provide our investors access to a highly experienced and successful global infrastructure team with a track record of identifying investment opportunities in companies that offer inflation protection and low cash flow volatility. Their approach aligns perfectly with our range of hard to industrialise strategies, and we are very much looking forward to working with them.”
Andrew Maple-Brown, Co-Founder and PM at Maple-Brown Abbott Global Listed Infrastructure, commented:
“Like ourselves, Pacific is committed to delivering superior returns to their clients through a deep focus on specialist investment management. We focus on core infrastructure with lower volatility, inflation protection and income stability. Leveraging the technology and business infrastructure provided by Pacific means that we can focus on the job of investing and providing alpha to investors.”
Data as at 31 December 2025.
