US-based asset manager Nuveen, with US$1.3 trillion in assets under management, has create a dedicated global infrastructure investment platform, bringing together multiple specialized teams under a unified leadership to capitalize on the unprecedented investor demand for infrastructure assets.

Reflecting the firm’s core areas of conviction, culture of collaboration and unique position as a multi-asset manager, the asset manager’s investment capabilities, it notes, will now be organized into distinct asset class pillars.

This move follows decades of organic growth and strategic acquisitions that have established Nuveen as a leader in alternative investing, with US$340 billion in assets under management across real estate, natural capital, infrastructure, private capital and specializations in leveraged finance and private placements.

Global infrastructure investment needs are estimated at US$94 trillion through 2040, the asset manager states, driven by energy transition requirements, digital transformation and ageing infrastructure replacement across developed markets.

The company’s new platform positions the firm, it argues, to capture this opportunity through integrated expertise spanning sustainable real estate financing, clean energy development, infrastructure credit and digital infrastructure equity investments.

“Over the course of multiple decades, we’ve strategically built out our broader alternative investment capabilities, and today we’re ready to meet the unprecedented client demand for infrastructure exposure across both public and private markets,” adds Bill Huffman, Nuveen’s CEO. “By bringing together our specialized teams, we can better serve clients who are seeking to allocate capital to the infrastructure investments that are essential to the global economy.”