The Companys investment policy is to invest in equity, subordinated debt and/or similar interests issued in respect of infrastructure projects that have predominantly been developed under the PFI/PPP or similar procurement models. The Company will invest via its wholly owned subsidiary, BBGI Management HoldCo. The Company will principally invest in projects that are operational and that have completed construction, and has limited investment in projects that are under construction to 25% of the Portfolio Value, calculated as at the time of investment. The Fund seeks to provide investors with secure and highly predictable long term cash flows whilst also actively managing the investment portfolio with the intention of maximising the capital value over the longer term. The Fund will target an initial annualised yield of 5.5% p.a. on the Issue Price of its Ordinary Shares. The Company will aim to increase this distribution progressively over the longer term. The Fund will target an IRR in the region of 7 to 8% on the Issue Price of its Ordinary Shares to be achieved over the longer term through active management to enhance the value of existing investments, and by acquisition of further Investments from the Bilfinger Berger Group and other sources, the prudent use of gearing, and growing the Fund with the aim of reducing the Funds TER.