Sequoia differentiates itself through our strong infrastructure relationships, our sharp focus and our ability to deliver a top asset management service at a reasonable cost, which we know is an important priority for investors today. This is our competitive advantage.
Our competitive advantage
Our infrastructure relationships have been built over 20-25+ years
Sequoia has very strong and close infrastructure relationships. Since our inception, we have developed the infrastructure contacts that Sequoia’s Directors brought with them. These relationships were built over the course of their careers at top institutions such as Morgan Stanley, CS First Boston and Merrill Lynch and further developed while at Sequoia. Our infrastructure relationships are with top infrastructure sponsors, advisors, construction companies, agents, banks and equity investors. These global relationships help us access the largest possible investment set when finding opportunities for our funds.
We are focused on finding optimal infrastructure debt investment opportunities for our funds
Sequoia is laser focused. We only do infrastructure debt. We are not a leveraged loan asset manager looking for something new. We are not an advisory firm getting into investment management. We are not an infrastructure equity fund branching out into debt. We are a specialist infrastructure debt asset management company focused on finding optimal investment opportunities and assessing those opportunities for our funds.
Sequoia is a leader in innovation
Sequoia is a leader in infrastructure debt. The Directors established Sequoia in 2010 for the sole purpose of transforming infrastructure debt from a lending-only asset class into an investment asset class. This was recognized by the European Commission in 2015 which established infrastructure debt as a separate asset class for Solvency II purposes. Sequoia is leading the way in innovation for the infrastructure debt market by:
- Launching Sequoia Economic Infrastructure Income Fund, the first London Stock Exchange listed fund to focus on economic infrastructure debt, where yields are higher and the investment opportunity set larger than in social infrastructure debt.
- Being the first to develop a methodology for German insurance companies to invest in infrastructure debt that is in compliance with the German Investment Ordnance, AIFMD and Solvency II.
- Working closely with European insurance companies and helping them with their regulator’s new product process. Assisting insurance companies across Europe with the portfolio and asset-specific data needed to comply with Solvency II.
- Conducting significant, independent research on infrastructure debt and its risk-return characteristics that has been recognized in professional journals such as those by the European Insurance and Occupational Pensions Authority (EIOPA).(1) Our research is available to our investors and highlights can be found on the Sequoia Research tab on this site.
Sequoia is a low cost provider
Sequoia is a low cost provider and we pass these savings on to our investors. We do not have multiple layers of management or expensive offices in New York and Tokyo. Our structure is straight forward: Directors, Associates and Analysts and the systems we need to analyse, trade and manage our portfolios. We sub-out most back office and middle office work to service providers such as BNY Mellon, KPMG and Praxis Fund Services. We focus our resources on finding investment opportunities, researching those opportunities and managing our portfolios.
We work seamlessly together as a team
We attract top talent by providing them with responsibility and a stimulating and dynamic place to work. Our Associates and Analysts gain exposure to all aspects of researching infrastructure debt investments, originating infrastructure assets, managing infrastructure portfolios and raising capital from investors. Sequoia works seamlessly together as a team and our investors benefit from this.
(1) EIOPA, “Consultation Paper No. CP-15-004 on the Call for Advice from the European Commission on the identification and calibration of infrastructure investment risk categories,” 2 July 2015.