Our Funds

IDEAS Managed Fund

 
 
Fund size ZAR11 830m
Fund close Open-ended fund
Description

The IDEAS Fund is South Africa’s largest domestic infrastructure equity fund and invests in economic infrastructure (roads and railways), social infrastructure (housing and public private partnerships) and renewable energy infrastructure (solar and wind projects) in the SADC region. While infrastructure investments are vital for economic growth and have tangible social and environmental impacts, the fund targets investments with potential to deliver strong long-term returns and simultaneously seeks to meet both social and environmental objectives.

Founded in 1999, the Infrastructural, Developmental and Environmental Assets Managed Fund (IDEAS Fund) is a linked investment policy-based, pooled portfolio product of Old Mutual Life Assurance Company (South Africa) (OMLACSA). The IDEAS Fund is managed by the 39-member investment team AIIM, a wholly owned subsidiary of Old Mutual Alternative Investments.

Realised Investments

Umoya Energy, South Africa
90% interest in 67MW wind farm

Cookhouse Wind Farm, South Africa
93% interest in 139MW wind farm

Jeffreys Bay Wind Farm, South Africa
21% interest in 138MW wind farm

Metrowind, South Africa
34% interest in 27MW wind farm

Noupoort, South Africa
25% interest in 81MW wind farm

Loeriesfontein, South Africa
25% interest in 140MW wind farm

Khobab, South Africa
25% interest in 140MW wind farm

Trans African Concessions, South Africa
25% interest in 570km toll road

N3 Toll Concessions, South Africa
30% interest in 415km toll road

Bakwena Platinum Corridor Concessionaire, South Africa
25% interest in 385km toll road

Rainprop, South Africa
87% interest in in government office complex (DTI) 

Lesedi and Letsatsi, South Africa
68% interest in 69MW solar PV facility

Kalkbult, South Africa
10% interest in 73MW solar PV facility

Herbert, South Africa
49% interest in 20MW solar PV facility

Aurora, South Africa
49% interest in 10MW solar PV facility

Renewable Energy Investments SA, South Africa
63% interest in 75MW solar PV facility

Greefspan, South Africa
49% interest in 10MW solar PV facility

Vredendal, South Africa
49% interest in 10MW solar PV facility

Linde, South Africa
10% interest in 38MW solar PV facility

Bloemfontein Correctional Contracts, South Africa
20% interest in Mangaung Maximum Security Prison

Imvelo Concession Company, South Africa
30% interest in green government office complex (DEA)

Sethekgo Private Party, South Africa
100% interest in government office complex (DoBE)

Kakamas, South Africa
35% interest in 12MW hydroelectric project

Umoya Energy, South Africa
90% interest in 67MW wind farm 

Mainstream, South Africa
A development of large scale renewable energy plants throughout SA

G10 Investments, South Africa
0.5% interest in airport network (ACSA) 

 Matola Gas Company, Mozambique
24% interest in gas pipeline concession between SA and Mozambique 

Gigawatt, Mozambique
15% interest in 118MW thermal power station 

New Limpopo Bridge, Zimbabwe
12% interest in toll bridge across the Limpopo river 

 Kelvin Holdings, South Africa
68% interest in 600MW coal-fired power station 

Neotel, South Africa 
6% interest in a fixed-line telecommunications company 

 ICO Global Communications Holdings, South Africa 
1% interest in mobile communications provider 

Ucingo Trust, South Africa 
12% interest in telecommunications investment