Swiss Life Asset Managers is seeking to raise €1bn for a second value-add infrastructure fund to target investments in Europe and North America.
The manager has launched Swiss Life Funds LUX ESG Global Infrastructure Opportunities (GIO) Growth II’s will target unlisted infrastructure investment opportunities in sectors including digitalisation, decarbonisation and urban mobility.
GIO Growth II succeeds Swiss Life’s debut value-add fund which raised €792m.
“We continue to see a variety of great investment opportunities in the value-add space, benefitting from extremely strong sector tailwinds, and we are excited to approach our origination in terms of a thematic deal sourcing perspective,” said Gianfranco Saladino, the head value-add infrastructure at Swiss Life Asset Managers.
The fund is categorised as an Article 8 product under the new EU Sustainable Finance Disclosure Regulation, the manager said.
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