Gravis

📽 Missed the Asset TV Pension Fund Forum? Now you can catch up on the insights shared by Albane Poulin, Head of Private Credit at Gravis, in this must-watch panel discussion! In this engaging session, Albane dives into some of the most pressing topics shaping private markets today, including: 💼 Asset allocation challenges 🌍 Resilience in today’s macro environment ♻ Driving the energy transition 🎯 Don’t miss out on these valuable insights! Watch the full recording here: https://lnkd.in/e4QP9ahT #PrivateMarkets #AssetTV | Frank Meijer | Nick Cooney | Alison Bostock | Aegon Asset Management | LCP | ZEDRA Group

💻 The digital revolution: powered by concrete and cables 💻 🌐This morning at the Citywire Wealth Management Forum, Matthew Norris, manager of the VT Gravis Digital Infrastructure Income strategy, shared insights on the physical backbone of our digital lives. The transition from analogue to digital isn't just inevitable - it's happening at lightning speed. In the single minute it took you to start reading this post: 📱 16 million texts were received 📧 213 million emails sent 📷 122,000 pictures were captured 🔍 2.4 million Google searches performed Behind every message, stream, and search is the robust infrastructure making it all possible. From data centres to telecom towers, logistics warehouses supporting e-commerce, to fibre optic networks, Matt explored the opportunities for predictable long-term income that can be found by investing in the companies which own these physical infrastructure assets, vital to the transition to a digital world. You can learn more about the strategy here: https://lnkd.in/ecg2mJ-b Cameron Gardner | Jason Anderson | #DigitalInfrastructure #DigitalAssets #Digitalisation (No information contained here should be construed as providing financial, investment or other professional advice and should not be considered as a recommendation, invitation, or inducement to subscribe for, dispose of or purchase any such securities. Professional investors only. Capital at risk. Past performance is not a guide to future performance.)

Last night, some of the Gravis team attended the Citywire Investment Trust Awards in London, where GCP Infrastructure Investments Ltd was shortlisted in the 'Specialist Debt' category. We're incredibly grateful to Citywire for the recognition. A great night and well done to all the winners! #Awards #Citywire

Following Labour's first budget, Philip Kent provides a breakdown of its implications for UK infrastructure and clean energy. While the announcements underscored a strong commitment to decarbonisation, Phil highlights missed opportunities in accelerating specific support mechanisms necessary to achieve the 2030 clean power target.    Key takeaways include funding for carbon capture, Sizewell C, and EV charging, alongside an anticipated infrastructure strategy and Clean Power Action Plan - the details of which will be released in the spring.    Watch the full interview in the video below. #Infrastructure #NetZero #EnergyTransition

💼 The Autumn Budget has come and gone, and while the impact on person finances has attracted the most attention, there were also pledges for UK infrastructure and clean energy. Labour's continued push to position the UK as a clean energy superpower is notable, with £8bn allocated toward carbon capture, storage, hydrogen, and nuclear projects—key areas that Gravis has identified as essential for long-term sustainability and economic growth.   Philip Kent, CEO at Gravis, and Shayan Ratnasingam, senior research analyst at Gravis share their perspective that while the Budget commitments are promising, the scale of investment is still underwhelming, particularly with the Sixth Carbon Budget and the ambitious 2030 decarbonisation goals on the horizon. To meet these commitments, we’ll need a bold, long-term investment strategy that prioritises not only development but also the acceleration of project timelines. The £125m set aside for Great British Energy, though a good start, must be matched by initiatives that push us closer to the 140GW renewable capacity target in Labour’s manifesto.   The recent announcements, including Labour’s plans to boost UK infrastructure through housing, transport, and broadband upgrades, are exciting. But to achieve the UK's infrastructure and Net Zero ambitions, we’ll need to see greater momentum and financial backing in the coming months.   Let’s hope Labour’s upcoming spring announcements offer the “step change” needed to drive this agenda forward.    You can read more details on their thoughts here: https://lnkd.in/eUx32Y9v   #CleanEnergy #Infrastructure #AutumnBudget #UKEnergyTransition

"🔊Behind the AI boom: Philip Kent on investing in digital infrastructure   In the latest episode of The Advice Show, Philip Kent, CEO at Gravis, delves into the lesser-known drivers of the AI revolution - beyond the tech giants we all recognise.   From energy-intensive data centres to essential tower infrastructure, Phil highlights the companies fuelling the digitalisation trend that supports our digital age.   "Digitalisation is a theme that isn't going away. While the public eye often focuses on front-facing tech giants, there's significant investment required behind the scenes in data, energy, and tower businesses to keep pace with growing AI demands."   He also shares his thoughts on the UK’s fiscal outlook, including Rachel Reeves' anticipated Budget, and what it might mean for infrastructure investments. He backs the plans confirmed by Reeves to relax the UK’s fiscal rules provided that “borrowing is for capital investment rather than effectively funding operating costs”.   The podcast concludes with his views on whether now is a good time to invest in infrastructure, and the yields and discounts available on investment companies in this space.   Catch the full episode to hear more insights from Phil on the future of digital infrastructure, Labour’s growth agenda, and how to invest in AI’s backbone responsibly here: https://lnkd.in/e-9d_Jav   #Digitalisation #Infrastructure #GCPInfrastructureInvestments   (No information contained here should be construed as providing financial, investment or other professional advice and should not be considered as a recommendation, invitation, or inducement to subscribe for, dispose of or purchase any such securities. Professional investors only. Capital at risk. Past performance is not a guide to future performance.)"

📢 Albane Poulin, Head of Private Credit at Gravis, will be taking part in an insightful panel discussion at the upcoming Asset TV Pension Fund Forum on Private Markets.   Here's a sneak peak at some of the critical topics on the agenda:   💼 Asset allocation challenges: With limited exit options in private equity, investors are facing hurdles in capital reallocation, impacting portfolio flexibility. Albane will discuss how private credit can serve as a powerful complement to traditional fixed income, offering higher yields, downside protection and diversification.   🌍 Macro environment resilience: Essential to society and offering both stability and consistent income uncorrelated to broader economic cycles - tune in to explore why infrastructure should be a cornerstone in diversified portfolios.   ♻ Accelerating the energy transition: With limited government funding, private investment is crucial to decarbonisation and digitalisation. Albane will explore the critical role of long-term energy storage, carbon capture, and hydrogen in the push toward net zero.   🎯 Don't miss the chance to gain insight into the role of private credit in today's financial landscape. Register using this link: https://lnkd.in/ejr5scTZ #PrivateMarkets #AssetTV | Frank Meijer | Nick Cooney | Alison Bostock | Aegon Asset Management | LCP | ZEDRA Group

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To what extent has the accelerating adoption of generative AI created a positive inflection point for data centre rental growth, heralding a new era of increasing rents? “The rise of AI is behind the latest boom in data centres”, writes Amanda Chu in the Financial Times (article links in comments below). Noting that data centres form the backbone of the internet, housing the servers and computers that train generative AI. Nicholas Fearn, also writing in the Financial Times, highlights that “as internet usage and AI uptake increase, so will the need for powerful data centres.” Making data centres an “attractive physical asset for wealthy individuals and investors looking to capitalise on technological trends.” Potentially good news for data centre owners is the rental growth trend - it appears to have turned positive. Increasing digitalisation is accelerating the race for space in next generation data centres. In 2022 rental growth in the US switched from trending negatively, when rents were driven lower by the hyper-scalers wielding tenant bargaining power, to trending positively as low vacancy rates coupled with increasing AI adoption enabled landlords to command higher rents. In Australia, NEXTDC reported a similar positive inflection point with annualised revenue per MW bottoming in 2022 and growing since then. In their ‘Global Data Center Trends 2024’ research note CBRE highlights that limited power availability is driving rental growth globally. Specialist REITs can offer exposure to this digitalisation mega trend. For example, Digital Realty, a US listed global leader in data centres, recently reported record new leasing activity for a quarter and is guiding towards circa 3% organic net rental income growth in 2024, incorporating impressive guidance of 8-10% rental growth on lease renewals. And Equinix, another US listed global leader in data centres, last quarter reported “4% same store recurring revenue growth” over the past twelve months. With the fourth industrial revolution and the growth of generative AI increasing demand for data processing and storage, and new construction constrained by a lack of available power it wouldn’t be a surprise to see a continuation of the post-2022 positive rental growth trends. Disclosure: the Robeco Gravis Digital Infrastructure Income Fund and VT Gravis Digital Infrastructure Income Fund both invest in Digital Realty, Equinix and NEXTDC. Disclaimer: Capital at risk. Past performance is not a guide to future performance. The value of equities and the income deriving from them can go down as well as up and can't be guaranteed. This post is for information purposes only and does not constitute any form of investment advice and should not be considered as a recommendation, invitation, or inducement to subscribe for, dispose of or purchase any such securities. Only for readership in the UK on the LinkedIn professional network, not intended for distribution outside of the UK. #Robeco #Gravis

This morning, Anthony Curl, Chief Investment Officer at Gravis, moderated a panel discussion at the With Intelligence Private Markets European COO Summit, titled: 'Protecting portfolios and enhancing risk management'. The panel explored key topics including: ➡The value of a customised risk framework for making informed investment decisions in private markets ➡The importance of establishing a consistent framework for portfolio management post-due diligence ➡The adoption of new risk analytic tools to gain deeper insights into portfolio performance ➡The challenges poor data quality and frequency pose to operational efficiency ➡How geopolitical instability has reshaped perspectives on risk #PrivateMarkets