History
Semperian PPP Investment Partners Group Ltd (formerly Trillium PPP Investment Partners LP) was launched in 2007. This investment vehicle was designed to give investors access to a large, diverse, portfolio of mature PPP investments that had been accumulated over a number of years.
From launch, the portfolio benefited from a management team that had worked with the underlying assets since their original acquisition in the secondary market, bringing unrivalled expertise for the benefit of public sector clients and investment partners.
Semperian now manages 106 PPP assets with a value in excess of £1.35 billion.
Investment Objectives
Semperian was established to provide investors with access to a portfolio of PPP and social infrastructure projects that have the following characteristics:
- good levels of recurrent yield
- long dated final maturity
- inflation correlation
- high quality counterparties (Public Private Partnerships)
- diversity
- scale of opportunity
- limited correlation to economic cycle or public markets
- attractive long-run risk adjusted returns
The maturity, scale and diversity of the current portfolio enables the specialist management team to drive out material efficiencies particularly in the areas of procurement and financing. Further enhancements are delivered through specific initiatives and the management of change.
Semperian is targeting steady growth through further selective acquisitions and through taking pre-emption rights in respect of exisiting holdings, where attractive to do so.
Investment Partners
Semperian's investment partners are some of the leading institutional and specialist investors in the world. The investor base includes public and private sector pension funds, banks and specialist fund managers.