Aviva Investors launches new Climate Transition Real Assets Fund

Aviva Investors has launched a new real assets fund, targeting opportunities that help to accelerate the transition to a low-carbon economy.

The investment vehicle, known as Aviva Investors Climate Transition Real Assets Fund, will invest in solar, onshore wind and the active decarbonization of inefficient real estate assets.

The fund will aim to provide various investor groups, including defined contribution schemes, with access to climate-focused solutions across the breadth of the European Real Assets universe — principally direct real estate, infrastructure and forestry assets.

Aviva Investors has already established a strong pipeline of investment opportunities, as well as a substantial level of investor capital, which the team expects to significantly deploy over the coming 12 months to 18 months.

The fund has been initially seeded with some £425 million ($584 million) of investor equity which, combined with the ability to leverage up to 50 perce