Private equity firm SWEN Capital Partners has closed fundraising for its third infrastructure fund, SWEN Infra Multi-Select 3, EUR455 million from well-regarded European investors, including pension funds, mutual and other insurance companies, banks and private clients.
This success demonstrates investors’ confidence in SWEN Capital Partners’ investment strategy, which features a solid track-record in infrastructure going back almost 10 years.
Its strategy has been successful in its two previous funds, with investments via funds (primary and secondary deals) and directly in infrastructure assets. This third fund will be invested mainly in Europe in transport, energy, communication and social infrastructure, hence, a diversified portfolio generating steady returns at an optimised level of risk. SWEN Infra Multi-Select 3 has already made its first investments and is expected to make its first distribution by yearend.
Founded within the OFI group in 2008 made a subsidiary in 2015, SWEN Capital Partners manages more than EUR4.6 billion through its platform of services and investments in private equity, debt and infrastructure.
“This successful fundraising by SWEN Infra Multi-Select 3 reinforces the conviction that we have held for more than seven years – that the integration of responsible investment practices creates financial and extra-financial value. This is a conviction that we share with an increasing number of investors,” said Jérôme Delmas, CEO and co-founder of SWEN Capital Partners.