Swiss Life Asset Managers has set up its first open-ended private infrastructure fund to target investment opportunities across OECD countries.
The manager has launched the Swiss Life Funds LUX Privado Infrastructure fund, which alongside its insurer parent, will target infrastructure investments in sectors including renewable energy, energy and utilities, communications, transport and social infrastructure.
IPE Real Assets understands that Swiss Life AM expects the fund to reach €750 million, with an initial closing planned for April 2024. The fund invests alongside other Swiss Life AM vehicles in private infrastructure companies and has already completed several transactions.
Source: realassets.ipe.com on the 8th of February