LETTER FROM THE MANAGING PARTNERS
Series is that Mid Cap invests in smaller target companies.
As such, it capitalises on Antin’s comprehensive
investment experience and existing platform. NextGen,
for its part, orients Antin to a new and exciting investment
mindset focused on tomorrow’s infrastructure. NextGen
aims to scale-up companies with proven technologies
and business models, with a strong growth focus. It
supports megatrends that will improve the economy and
society as a whole, such as the energy transition and
the shift towards a greener, more sustainable and more
connected future. We are excited by the opportunities
these two new strategies present for Antin. The capital
we raised from our IPO positions us well to further expand
our business and capture the exceptional growth
opportunities we see in private markets. We now have
the financial resources to expand geographically, seed
new teams and launch new investment strategies.
have strong embedded inflation protection, some
contractual and some through their ability to pass on
price increases.
SUSTAINABILITY IS EMBEDDED EVERY STEP
OF THE WAY
In addition to generating strong results for our Fund
Investors and Shareholders, Antin is committed to being
a force for good. Our active ownership approach gives
us an opportunity to work closely with the management
teams of our portfolio companies, implementing best-
in-class ESG standards and driving positive change. We
recognised early that ESG is a key value driver in our
business and it is embedded in how we invest, own,
and operate assets across our investment strategies and
portfolio companies.
In 2021, Antin reinforced its longstanding commitment to
ESG at a corporate level, having developed a firm-wide
diversity, equity, and inclusion policy which notably led
to the launch of a firm-wide women’s networking group
to provide all of our female employees with a platform
to discuss issues of mutual concern, share experiences
and help each other navigate their careers.
TRUST AND REPUTATION BUILT ON STRONG
INVESTMENT RETURNS
Since inception, Antin has achieved strong investment
returns through active ownership and asset
transformation. We commit substantial resources to
support the growth and development of our portfolio
companies. Responsible active ownership is the
bedrock of our business. As a result, our funds have
outperformed public market indices and rank among
the best performing funds in private equity infrastructure
globally. Our business is built to deliver consistently strong
returns across business cycles, and we have a proven
track record in both favourable and challenging market
conditions. This has earned us the trust of many of the
world’s largest and most reputable institutional investors,
who count on us to responsibly invest and grow their
assets. We value their trust and are firmly committed
to uphold our “performance first” approach as we
continue to grow our business. It is by sustaining long-
term investment returns for our Fund Investors that we will
create long-term value for our shareholders.
WE THANK OUR FUND INVESTORS,
SHAREHOLDERS AND EMPLOYEES
As we look back on 2021 and prepare for the remainder
of 2022, we appreciate the incredible contribution of
all our stakeholders: employees, Investors and, now
that we are a public company, shareholders as well.
Our people have gone above and beyond to deliver
outstanding results under challenging circumstances.
Their commitment to our growth has been relentless and
none of the above achievements would have been
possible without their support. Their unwavering drive and
commitment to excellence make our culture unique.
Our Investors are key long-term partners of Antin and
they have shown their confidence in us by reinvesting
across our funds. The tremendous success of our IPO
attests to the support from Shareholders for our growth-
driven strategy. We’re in a stronger position than we’ve
ever been in the history of the firm. As we look towards
the future with strategic vision and a long-term growth
agenda, we’re excited about the opportunities that lie
ahead. We are committed to driving outstanding results
for all our stakeholders and we believe that 2022 will be
another exciting year for the firm.
OUR STRATEGIES HAVE PROVEN RESILIENT
DESPITE CHALLENGING MACROECONOMIC
CONDITIONS
While the global economic recovery continued in
2021, the emergence of multiple Covid-19 variants
continues to impact our economy and society. During
these difficult times, Antin’s portfolio companies have
performed extraordinarily well. Over 2021, the portfolio
companies grew their revenue on average by 26% and
EBITDA by 16%. We believe this performance is a strong
testament to our prudent yet growth-driven investment
approach. The pandemic is still with us in 2022 and we
continue to work closely with our portfolio companies
to manage risks, including the spectre of rising inflation
which has emerged over the past months. We are
confident that we are well protected against inflation
as an overwhelming majority of our portfolio companies
Sincerely
Alain Rauscher
Mark Crosbie
Managing Partner
Managing Partner
Chairman of the Board Vice-Chairman of the Board
and CEO and Deputy CEO
ANTIN INFRASTRUCTURE PARTNERS S.A. - UNIVERSAL REGISTRATION DOCUMENT 2021
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