Swiss Life Asset Managers has completed a first close for its second value-add infrastructure fund Swiss Life Funds (LUX) ESG Global Infrastructure Opportunities Growth II.
The fund started fundraising in May 2023 and has raised capital commitments in excess of €560 million ($603 million). from both existing as well as new clients. With this first close the fund is well on track toward its target size of €1 billion ($1.1 billion).
The 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 mega-trends such as decarbonization, digitalization, new mobility, new logistic chains and circular economy, as well as aging population.
Gianfranco Saladino, head of value-add investments at Swiss Life Asset Managers, said, “We are excited to be launching our second value-add infrast
