SUSI Partners has raised $81 million in a first closing of its Asia Energy Transition Fund (SAETF).
SAETF was backed by a number of development finance institutions, including the Asian Infrastructure Investment Bank, Dutch development bank FMO, as well as Nordic DFIs Norfund and Swedfund. Private institutional investors from Germany and Singapore also contributed to the fundraise.
“With several DFIs in the mix, we have gained access to a group of investors that will play a crucial role in catalyzing responsible private capital flows to emerging market economies,” said Marius Dorfmeister, co-CEO and global head of clients at SUSI Partners. “By bringing together public and private investors, we are combining best practices to accelerate the buildout of sustainable energy infrastructure in a region that will be a crucial factor in achieving global climate targets.”
SUSI said the fund’s closing will expand the company’s investment reach to the fast-grow
