Swiss Life Asset Managers has announced the successful first close of its value-add infrastructure fund, Swiss Life Funds (LUX) ESG Global Infrastructure Opportunities Growth II, with over €560 million in capital commitments.
Launched in May 2023, the fund aims to reach a target size of €1 billion and focuses on investments in small to mid-market infrastructure assets within OECD markets, aligning with trends such as decarbonisation and digitalisation.
The fund is classified as an Article 8 fund under the SFDR.
Gianfranco Saladino, head of value-add investments at Swiss Life Asset Managers, said, “We are excited to be launching our second value-add infrastructure fund in an attractive market environment for value-add infrastructure.
“Many of the generational mega-trends we observe continue to accelerate, offering compelling investment opportunities for our clients. Focusing on hands-on operational and financial value creation is becoming increasingly important to create value across our portfolio companies.”
As of September 2023, the firm manages over €10 billion in infrastructure investments.
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