DWS has launched a new institutional ESG Infrastructure Debt Fund (EIDF), focused on sustainability-themed infrastructure sectors in Europe.
EIDF will target sectors such as renewable energy, digital, energy efficiency/utilities, clean mobility/transportation and social infrastructure. ESG will play a key factor in all strategic allocations for the fund.
DWS said the fund will make 10 to 15 private infrastructure debt investments. with roughly 70 percent across senior debt, and 30 percent in junior debt, with a positive ESG contribution.
A fundraising target for EIDF was not disclosed.
“EIDF was launched in response to clear investor demand for infrastructure, for debt, and for sustainable products,” said Sundeep Vyas, head of infrastructure debt, Europe, at DWS. “We believe insurance companies, pension funds and investors looking for a source of duration, diversification and return premium in a low-yielding, fixed income environment will be particu