Allianz Global Investors (AllianzGI) CIO and Head of Infrastructure Debthas appointed Deborah Zurkow (pictured) is to take on a new, broader role, becoming head of the Alternatives pillar within the firm’s global investment platform.
Zurkow will join AllianzGI’s Global Executive Committee, effective 1 June 2016.
As Head of Alternatives, Zurkow will lead the continued build out of AllianzGI’s Alternatives capability, which comprises a diverse mix of both liquid and illiquid alternative investment solutions for clients. Since the creation of AllianzGI’s Alternatives pillar in December 2014, Assets Under Management have doubled, growing from EUR7.9 billion in December 2014 to EUR15.7 billion by the end of Q1 2016.
AllianzGI’s infrastructure debt platform, which Deborah has led since joining the firm in 2012, is a key component of AllianzGI’s Alternatives platform, having committed EUR7 billion on behalf of clients into 25 infrastructure debt projects across 12 countries in the last 3 years. Having been at the forefront of developing a new asset class for institutional investors in the UK and Europe, building an industry leading capability, the Infrastructure Debt platform has now taken on an increasingly global outlook, completing four transactions in the United States in the last year.
Andreas Utermann, CEO and Global CIO at Allianz Global Investors, says: “Over the last few years, Deborah and her team have helped turn the idea of infrastructure debt as an asset class for institutional investors into a reality. In her new, expanded role, Deborah will be able to put her experience of developing innovative solutions that meet clients’ needs to work across the entire spectrum of Alternatives, one of the fastest growing parts of our investment platform, increasingly attractive to investors looking for alpha in era of financial repression.”
To allow Zurkow to take on her new role, Claus Fintzen will become CIO and Head of Infrastructure Debt, reporting to Zurkow, assuming day to day responsibility of AllianzGI’s Infrastructure Debt team with immediate effect. Claus joined AllianzGI in 2012 along with Deborah and three other team members from Trifinium Advisors. As well as being instrumental in helping develop AllianzGI’s infrastructure debt platform, Claus brings 21 years of industry experience to the role.
Alternatives is one of the four pillars of AllianzGI’s global investment platform, alongside Equities, Fixed Income and Multi-Asset. AllianzGI’s alternative investment strategies, some of which have track-records stretching back for a decade, include: Equity Long/Short, Merger Arbitrage, Options Trading, Commodities, Volatility, Global Macro, Absolute Return Bonds, Private Debt, Infrastructure Debt, and Infrastructure Equity.
