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Sign in Sign up for a FREE subscriptionDWS raises €323m in first closing of ESG Infrastructure Debt Strategy
DWS has held a first close for its ESG Infrastructure Debt Strategy (EIDS), raising a total volume of €323 million ($339 million) against a target of €500 million to €750 million ($525 million to $788 million).
The capital raised includes €120 million ($126 million) in a master vehicle and €200 million ($210 million) in a side vehicle focused exclusively on energy transition debt investments.
DWS said the strategy garnered strong support from institutional investors in EMEA and Asia Pacific, showcasing the firm’s strategic strategy to provide investment solutions supporting the transformation of Europe’s economies.
EIDS will primarily invest in senior-secured debt to projects and corporate borrowers in Europe, operating across sustainability-themed sectors such as renewable energy, energy efficiency and utilities, digital infrastructure, clean transportation and circular economy projects. At least 50 percent of the fund’s investments will be alig