Our Funds

SOUTH AFRICA INFRASTRUCTURE FUND (SAIF)

 
 
Fund status Fully realised
Fund size USD322 million
Fund close Main Fund - May 1996 Sub Fund 1 - May 2010 Sub Fund 2 - Oct 2010 Sub Fund 3 - Jun 2011 Sub Fund 4 - Dec 2013
Fund maturity June 2016
Description

SAIF is the first 20-year infrastructure fund in South Africa. On appointment as fund manager in 2000, AIIM developed a portfolio of mature toll road concessions with operations and governance on a par with those seen in developed markets.

The Fund successfully exited its toll road investments in 2016, representing the largest private equity realisation for toll road infrastructure in Africa to date.

Realised Investments

Bakwena Platinum Corridor Concessionaire, South Africa
62% indirect interest in 385km toll road (exited 2016)

Trans African Concessions, South Africa & Mozambique
50% interest in 570km toll road (exited 2016)

N3 Toll Concession, South Africa
38% interest in 415km toll road (exited 2016)