The Schroder Euro Enhanced Infrastructure Debt Fund II (JULIE II), managed by Schroders Capital, has hit its €1 billion ($1.2 billion) fundraising hard cap.
Launched in the third quarter of 2020, JULIE II invests in European sub-investment-grade infrastructure debt opportunities. The fundraising has been evenly split between Asian and European investors.
JULIE II focuses on mid-sized brownfield core assets based in Europe, with an emphasis on delivering diversified debt exposure across countries and sectors. These opportunities include water and energy companies, railways, renewable energy portfolios, electricity grids and roads.
The first fund in this strategy, JULIE I, was launched in 2017, and raised close to €350 million ($412 million). This was almost fully deployed within two years.
“Opportunities in the infrastructure investment space are being driven by key megatrends, and we continue to ensure we are well positioned to support investors,”
