Infranity, a specialised European infrastructure manager, and part of the Generali Investments’ ecosystem of asset management firms, has launched the fourth generation of its senior infrastructure debt strategy with €425m in capital commitments.
Having recently closed the previous third generation vintage with over €1.6bn, comfortably exceeding its initial target of €1.5bn last summer, Infranity says it is “delighted to see a number of [recurring] investors in the new fund”, which is looking to raise €1.5bn of committed capital.
According to a press statement, the new fund will have revised and improved financial and ESG objectives. Regarding sustainability, the fund will be classified as SFDR article 8, and will align its portfolio with environmental and social characteristics, with a minimum of 50% of the fund’s assets qualifying as sustainable as per SFDR.