SFP Infrastructure Partners, Swiss Finance & Property Group’s infrastructure business, is pleased to announce that it has successfully achieved the first close of its infrastructure programme. The fund pursues investment opportunities through secondaries, directs and primaries in ESG compliant infrastructure. It follows an integrated investment strategy to provide stable and risk adjusted returns to its investors. Sector-wise, the fund has a thematic niche approach that enables access to traditional infrastructure assets often overlooked by large-cap players. A second closing is planned in the coming months.
- After the launch in the second quarter of this year, SFP Infrastructure Partners successfully onboarded investors to the fund’s first closing within the anticipated target range
- Benefiting from strong deal flow the team has conducted its first investment in one of the fund’s target sectors
- The fund, with a target size of EUR 300 million, pursues an integrated investment strategy in the traditional infrastructure space across Europe and North America
Marc Wicki, CEO, commented: “We are grateful for the trust our clients have placed in us and our strategy. Especially during these times of economic uncertainty, high volatility and rising interest rates, we are pleased to see that investors recognise our appealing and differentiated investment thesis focusing on traditional defensive infrastructure”.
The fund’s integrated investment strategy focuses on providing immediate exposure to infrastructure assets by predominantly accessing the secondary market. Cledan Mandri-Perrott and Thomas Hoffmann, Co-Heads of Investments, further emphasised that they are seeing strong transaction activity. They explained that the fund is already in the process of investing additional capital in further transactions due to the promising opportunity set.
Successful first closing and investment
The fund’s first investment is supporting energy transition efforts. It finances the operation and expansion of municipal district heating systems aimed at lowering public building’s carbon footprint. The near-term pipeline contains two investments, one in the energy transition sector and another one in the communication space, both in advanced stages of due diligence.
Outlook
The team aims to have a second closing in the near future thus maintaining its strong deployment pace at a time when the structural changes in the market are creating compelling opportunities for institutional investors. The overall target size for the Luxembourg-based fund is EUR 300 million.
Contact
Partner, CEO
SFP Infrastructure Partners