Funding Public Infrastructure

Without Using Debt

PanEuro has direct access to long-term global pension capital to deliver essential infrastructure such as public housing, public transport and elite sporting grounds. Through our mandate with a Monaco based global pension syndicate, we enable investment grade governments to finance large-scale housing programs and infrastructure through secure, long-term (20 - 40 years) structures.

This approach replaces traditional borrowing with institutional investment underpinned by long-duration triple net lease agreements or guarantees. Governments can build high-quality, scalable public housing assets without issuing bonds — freeing up fiscal headroom for other priorities. The model also avoids the constraints and delays of public-private partnerships and maintains complete control of the assets with the government.

Global pension funds invest directly into long-life social infrastructure, seeking date certain, principal-protected, predictable inflation-linked returns aligned with their obligations to retirees. This alignment of interests—between long-term capital and long-term public needs—creates a uniquely stable funding pathway for critical housing delivery, ensuring social impact without fiscal compromise.

New Assets can be constructed and leased to the government using a Triple Net Lease or Government Guarantee.

Existing government assets can be sold to our Monaco Syndicate and leased back over long terms with guaranteed return of 100% ownership.

Night aerial view of a well-lit soccer stadium with a green field and empty white seats, surrounded by city roads and buildings.

Elite Sporting Stadiums

Interior of a historic library with high arched ceiling, large stained glass windows, ornate chandeliers, and rows of wood desks and shelves.

Public Buildings

S&P Global Ratings logo with BBB- or above rating indication.
Aerial view of a neighborhood with colorful houses, each with dark tiled roofs and small yards, surrounded by lush green trees.

Public Housing

Empty subway train with orange seats and reflective metal walls, viewed through a mirror that shows the interior symmetrical from the front.

All lease payments must be guaranteed by an investment grade payer or underwritten by an investment grade insurer.

If an investment term is shorter than 20 years, higher yields are required to amortize the capital over a shorter period.

The payments are date and sum specific for the term of the lease.

Public Transport

Electric power substation with tall green metal structures and transformers illuminated at night, dark blue sky with a crescent moon and stars.

Energy

A busy shipping port with multiple blue cranes and cargo containers stacked on the dock and floating in the harbor, with a hazy city skyline in the background.

Ports

Moody's Ratings indicating Baa3 or above.

PanEuro is Authorised Under Mandate

PanEuro, authorised under formal mandate to originate and structure investment opportunities for our Monaco Partner Fund (MPF)—a Monaco-based institutional investment platform capitalised by leading global pension funds—offers investment-grade governments a robust, long-term capital solution that avoids public borrowing.

MPF provides 100% equity funding (not debt) for infrastructure and asset-backed government projects. This capital is delivered via long-term Triple Net Lease or sovereign lease guarantee structures, typically ranging from 20 to 40 years. Lease payments are predictable, inflation-indexed, and structured to reflect the long-duration return profiles sought by pension investors.

To qualify, the sovereign government (or its payment guarantor) must hold an investment-grade credit rating (BBB-/Baa3 or above). This rating is essential to meet MPF’s capital security requirements.

Governments retain full operational control of the asset and may accrue up to 50% equity ownership at no cost during the lease term. Upon expiry or early repurchase, the government may regain full title, ensuring long-term public benefit without any form of privatization.

This structure enables governments to:

  • Fund infrastructure or housing without increasing national debt

  • Monetize dormant assets for immediate capital

  • Retain public service control and ownership

  • Defer large upfront costs while spreading payments over decades

PanEuro provides end-to-end transaction management and liaises directly with MPF’s investment committee.

This offering excludes jurisdictions lacking reliable rule-of-law aligned with English legal standards, or those affected by conflict or political instability.