(Finance) – Infranitya European infrastructure manager that is part of the Generali Investments management company ecosystem, has successfully launched the fourth generation of its senior infrastructure debt strategy. After recently closing the previous vintage with over 1.6 billion euros, exceeding the initial target of 1.5 billion euros, Infranity has already launched its fourth vintage which attracted 425 million euros in commitments. The new fund sees the presence of numerous recurring investors from previous vintages, thus confirming constant trust, we read in a note.
In line with the previous fund, the fourth vintage aims to raise 1.5 billion euros of capital, once again positioning itself among the largest funds of its kind in Europe. Regarding sustainability, the fund will be classified as SFDR art. 8, with a portfolio aligned with environmental and social characteristics. Additionally, a minimum of 50% of the fund’s assets will qualify as sustainable under the SFDR.
The fund will benefit from a rapid deployment like the previous ones, with already 5 assets to be launched by the end of the year, for approximately 250 million euros of investments.
“The timing of Infranity’s new debt fund could not be better,” commented Sacha Kamp, Head of Investment Debt at Infranity. “Our transaction pipeline is extremely strong, particularly in growing segments of the energy transition, green mobility and telecommunications, enabling the construction of well-diversified portfolios with strong sustainability credentials. The increase in spreads and a lender-friendly market environment will support the achievement of an attractive risk/return ratio. We look forward to building on the successes of our previous funds.”