Allianz Global Investors is launching a second UK infrastructure debt fund.

The fund will invest in long-term, investment-grade, core UK infrastructure assets, including primary brownfield and greenfield transactions within the transport, energy and social infrastructure sectors.

Allianz Global Investors said the new vehicle, to be launched later this year, will be accessible to a broad range of investors, including small and medium-sized pension funds.

The company in 2014.

Adrian Jones, UK infrastructure debt portfolio manager, said demand from clients for a second fund reflects the maturity of the UK infrastructure debt market.

鈥淲e are seeing strong, ongoing interest from our clients, domestic and international in funding important UK infrastructure projects,鈥 he said.

Allianz Global Investors has committed 拢750m to UK infrastructure projects, including the Aberdeen Western Peripheral Route and M8 road projects , university accommodation in Nottingham and Exeter, and the A1/A4/A5 project in Northern Ireland.