La Banque Postale Asset Management (LBP AM) has made the first closing of its LBPAM Infrastructure Debt Climate Impact Fund at €270 million.
With this new achievement, the Real and Private Assets platform totals €7 billion raised since its inception in 2012, and opens a new phase of diversification of its offering with the launch of new strategies that combine search for yield with climate and social impact.
The fund aims a target size of €500 million with a hard cap at €700 million. Its marketing has begun with European institutional investors alongside CNP Assurances, and will continue over the coming months in partnership with Aegon Asset Management.
