Asset manager Eurazeo’s first transition infrastructure program closes at €706 million
European asset manager Eurazeo announced that its first infrastructure program has closed with €706 million in aggregate commitments from institutional investors across North America, EMEA, and France.
The final close surpasses the original €500 million target by over 40%, just 20 months after the initial closing,
The commitments, which include €663 million for the Eurazeo Transition Infrastructure Fund (ETIF), classified as Article 9 under the SFDR regulation, are specifically aimed at transitioning essential services delivered by infrastructure to a low-carbon economy.
The fund invests in transition assets across the energy, digital, clean transport, and environmental sectors.
Laurent Chatelin, Eurazeo Partner-Infrastructure, said, “The success of ETIF’s fundraising, exceeding the initial target by more than 40%, demonstrates the market’s growing appetite for diversified, sustainable infrastructure investment strategies that can deliver both financial performance and quantifiable ESG impact.”
ETIF has consistently committed capital throughout fundraising, building a portfolio of 6 transition infrastructure companies representing approximately 60% of the total capital raised.
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ETIF’s portfolio aims to deliver attractive, value-added returns to investors while achieving carbon net neutrality by 2040. The fund invests in transition assets across the energy, digital, clean transport, and environmental sectors.
Christophe Bavière and William Kadouch-Chassaing, Eurazeo co-CEOs, added, “The closing of our maiden transition infrastructure program illustrates the attractiveness of the Eurazeo brand and the relevance of its strategy for its investor clients. This fund and its investments in 6 portfolio companies are emblematic of our mission to build European champions by focusing on the mid-market, growth, and impact segments.”
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