Swen Capital Partners has raised an initial €255m for its latest infrastructure fund.
The manager said the Swen Infra Multi-Select 4 (SIMS 4) fund will mainly invest in European assets like telecommunications, sustainable transport, health, education and energy infrastructure.
SIMS 4’s fundraising was backed by French and European investors, furthering SWEN’s ambition of supporting the transition to a low-carbon economy in Europe, the manager said.
Swen said it also intends to increase its direct investments portfolio as part of a new plan to balance its direct investments and primary or secondary funds.
Jérôme Delmas, CEO of Swen Capital Partners, said: “The renewed vote of confidence from our investors is an honour for us, as is the arrival of new investors, particularly international investors.
“This latest generation of the fund is set to address major infrastructure financing needs in Europe and offers a chance to participate in the low-carbon transition of key assets in Europe and around the world.”
Jean Philippe Richaud, the deputy CEO and CIO of Swen’s multi-strategy business, said: “In ten years, SWEN Capital Partners has established an unparalleled track record in infrastructure investment and ESG integration.
“Our ever-increasing integration of ESG criteria resonates particularly well with institutional investors wishing to combine returns with current issues such as fighting climate change and protect biodiversity.”
Thibault Richon, the head of Swen’s multi-Strategy infrastructure team, said: “The launch of SIMS 4 constitutes a milestone in this respect, with the inclusion of our 4 ESG markers: respect for the environment, connection to regionally essential goods and services, diversity and fair sharing of value, these are the cardinal points that orient our investments, meeting investors’ ever-increasing requirements in terms of Responsible Investment.”
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