Investment strategy
CIF's investment objective is to invest in growth oriented utility and infrastructure assets which offer a combination of long-term, predictable income streams and potential for capital growth.
Identification and assessment of potential investment opportunities focuses on the following key investment criteria:
- near monopoly market position with high barriers to entry;
- operation within a regulated industry;
- strong cash generation and attractive targeted cash returns;
- predictable ongoing revenues underpinned by long-term contracts with creditworthy counterparties;
- opportunity to capitalise on future organic growth and/or existence of expansion opportunities;
- first class management teams with strong alignment to asset performance; and
- ownership provisions which provide an opportunity to influence strategic direction and monitor and manage risks.
CIF may acquire whole assets or participate in investment consortia comprising leading industry players (strategic, financial and operational) to acquire controlling or strategic stakes.