Allianz Capital Partners

David van der Meijde serves as Chief Investment Officer, overseeing all investment activities. Infrastructure investments are led by Michael Pfennig as Head of Infrastructure, while Roland Herrmann heads the private equity unit. The firm reports to Allianz SE's board-level investment committee, which approves large allocations.

ACP primarily manages assets from Allianz's general account. However, the firm also operates closed-end funds, such as Allianz Infrastructure Fund II, which attract third-party institutional capital. These funds are structured as commingled vehicles with a typical 10-year life.

Allianz Capital Partners is a separate entity within Allianz SE, focused on alternative assets. Allianz Global Investors manages the group's public-market and private credit strategies. ACP handles direct infrastructure, private equity, and renewable energy investments.

ACP leverages Allianz's balance sheet strength and global network to source direct investments, often partnering with industrial or financial sponsors on large-scale infrastructure or renewable energy projects. The firm also co-invests with select general partners in private buyouts.

No. ACP is the dedicated in-house alternative investment manager for Allianz Group, a publicly traded insurance conglomerate. It operates more like an asset manager that manages a single client's capital, rather than a family office.

ACP avoids venture capital and early-stage technology investments, focusing on mature, cash-flow-generating assets. It also generally steers clear of fossil-fuel-related investments, given Allianz's net-zero commitments, and does not engage in hedge fund strategies.

ACP is one of Europe's largest renewable energy investors, with over €15B allocated to wind, solar, and hydroelectric assets across Europe and North America (per public record). Key investments include a majority stake in the offshore wind farm operator RWE Renewables.