Successful first closing: Swiss Life Funds (LUX) ESG Global Infrastructure Opportunities Growth II

Swiss Life Asset Managers has successfully completed a first closing of its second value-add infrastructure fund “Swiss Life Funds (LUX) ESG Global Infrastructure Opportunities Growth II”. The fund has started fundraising in May 2023 and has raised capital commitments in excess of EUR 560 million from both existing as well as new clients. With this first closing the fund is well on track towards its target size of EUR 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 socio-economic tailwinds driven by key mega-trends such as decarbonisation, digitalisation, new mobility, new logistic chains, circular economy as well as aging population.

Gianfranco Saladino, Head Value-add Investments at Swiss Life Asset Managers comments: “We are excited to be launching our second value-add infrastructure fund in an attractive market environment for value-add infrastructure. Many of the generational mega-trends we observe continue to accelerate, offering compelling investment opportunities for our clients. Focusing on hands-on operational and financial value creation is becoming increasingly important to create value across our portfolio companies.”

The fund is classified as an Art.8 fund under the European Sustainable Finance Disclosure Regulation (SFDR). In line with the commitment to responsible investment, Swiss Life Asset Managers has integrated ESG considerations into investment processes in real assets. Swiss Life Asset Managers is a member of the GIIA (Global Infrastructure Investors Association), GRESB and is a signatory of the UNPRI.

As of 30 September 2023, Swiss Life Asset Managers managed over EUR 10 billion of committed capital in the infrastructure space across several different funds.