The investment case is offered by the fundamental transformation needs in existing infrastructure systems to address global climate change, a transition made possible by declining technology costs, new business models, and growing consumer demand.
We aim to build a broad portfolio of sustainable and low-carbon climate investments in partnership with premier infrastructure fund managers: our Climate Infrastructure Fund will invest in funds, acquire secondary stakes in such funds or vehicles and pursue co-investments alongside fund and industrial partners.
Structured as a defensive strategy, the fund grants access to opportunities in the climate infrastructure space and provides a strong yield component. Expected net IRR is in the 7-9% range with annual cash yields at 3-5%.
The fund will be diversified across managers, vintage years, sectors, investment types, and regions
The EU Sustainable Finance Disclosure Regulation (“SFDR”) went into effect on 10 March 2021. It requires financial market participants such as Patrimonium to provide information to investors on how the firm addresses sustainability risks, considers the potential adverse sustainability impacts of its investments, promotes of environmental and social factors, and adheres to a sustainable investment objective.
Sustainable Investment Objective
The Patrimonium Climate Infrastructure Opportunity Fund aims to meet a sustainable investment objective by contributing positively to climate change mitigation and adaptation in line with the Paris Agreement.
We target key segments of climate infrastructure, including renewable energy, energy infrastructure and storage, energy efficiency, sustainable transportation, and social infrastructure, for which there is strong global demand. Climate infrastructure not only enables sound economic development, job creation, and the purchase of local goods and services, but also improves the quality of life of citizens, helps protect our vital natural resources and the environment, and promotes the more effective and efficient use of financial resources.
Proprietary ESG and Sustainability Framework
We have developed a proprietary ESG and Sustainability Framework that spells out our procedures and policies for evaluating investments according to a specific set of criteria, for assessing and mitigating sustainability risk, and for providing transparency to our clients. The Framework is implemented through a three step approach:
All ESG and Sustainability ratings of the underlying investments in the Partnership are pooled to give an aggregated rating, which is published annually in the investor Sustainability report, along with the scoring for each underlying investment.
Patrimonium Climate Infrastructure Opportunity
Climate Infrastructure Equity
Luxemburg SICAV- RAIF
No leverage at Fund level
Dividend paying fund shares
Art. 9 product (pursuant to EU Regulation 2019/ 2088 of the European Parliament and of the Council of 27.11.2019 on sustainability-related disclosures in the financial services sector)
Patrimonium Asset Management AG
Patrimonium Infrastructure Sàrl
Aztec Financial Services (Luxemburg) S.A.
Ernst & Young S.A.
Waystone Management Company (Lux) S.A.
Elvinger Hoss Prussen, Société Anonyme