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