Swiss Life Asset Managers’ value-add infrastructure fund, Swiss Life Funds (LUX) ESG Global Infrastructure Opportunities Growth II, has achieved a first closing with more than €560 million ($604 million) of capital commitments from both new and existing clients.
The fund began fundraising in May and is well on track toward its target size of €1 billion ($1.1 billion), according to the firm.
The infrastructure fund will offer access to control and co-control investments in attractive small- to mid-market value-add infrastructure assets with value creation potential across OECD markets. The fund benefits from socioeconomic tailwinds driven by key megatrends such as decarbonization, digitalization, new mobility, new logistic chains, circular economy and the aging population. The fund is classified as an Article 8 fund under the European Sustainable Finance Disclosure Regulation (SFDR).
“We are excited to be launching our second value-add infrastructure fund
