Swiss Life Asset Managers has extended its private market offering with the launch of its fourth dedicated international Core / Core + fund, dubbed Swiss Life Funds (LUX) Global Infrastructure Opportunities IV SCSp, SICAV-RAIF (GIO IV).
The closed-end fund has a target size of €2.5 bn with the first closing expected in the first quarter 2025.
The GIO IV fund will continue the strategy of its predecessor funds seeking to make long-term direct investments in mid-market infrastructure.
Gabriele Damiani, head core infrastructure at Swiss Life Asset Managers. said: 'Core / Core + infrastructure remains the backbone of our society and in an everchanging world, our flexible mid-market investment mandate allows us to seamlessly pivot across sectors and geographies and to efficiently deploy capital and deliver expected returns.'
The fund aims to invest in asset-heavy companies within future-proof sectors such as transportation, renewable energy, utilities, and digital infrastructure. These companies will be selected for their mature cash flows with limited volatility and calculated growth potential.
GIO IV will focus on control positions to maximise value creation and invest in OECD markets (primarily in Europe and North America) with the aim to build a diversified portfolio of quality assets across Core/Core + infrastructure sectors.
GIO IV will make disclosures in accordance with Art. 8 of the Sustainable Finance Disclosure Regulation (SFDR). Swiss Life Asset Managers is a member of GIIA (Global Infrastructure Investment Association).
