Patrimonium Investment Foundation’s “Sustainable Infrastructure (evergreen)” investment group is an opportunity specifically tailor-made for Swiss Pension funds.
It invests primarily in sectors that contribute to decarbonization, such as electrification, energy storage and distribution, green transport, communications infrastructure and digitalization, and social infrastructure.
The investment group diversifies geographically, with a focus on Europe and North America, and through different types of investment (co-investments and direct investments, primary investments, secondary transactions).
Investments focus is on Core/Core+ infrastructures (conservative risk). Each investment takes into account pre-defined ESG investment criteria.
The investment group has no fixed maturity (evergreen structure) and offers periodic redemption options.
As a private market specialist, Patrimonium has been active in the infrastructure sector since 2015. The Railcar Investment Opportunity Funds (I and II) invest in the transition of freight transport from road to rail. The Patrimonium Climate Opportunity Fund – a closed-end Luxembourg fund compliant with Art. 9 of the SFDR Regulation – was successfully launched in 2021.
Sustainable infrastructure (evergreen) Investment group
Infrastructure investments (Art. 53 Al. 1 lit. dbis OPP 2)
Evergreen / open-ended
Approx. 6-8% net p.s.
Approx. 3-5% net p.s. from fifth year onwards
Annual distribution with free reinvestment option
1.1 – 31.12
Subscription commitments and capital calls
Min. 5 years
12 months at year-end (minimum holding)
Valor N°: 128992457
Quarterly – patrimonium.ch/investmentfoundation, kgast.ch, bloomberg.ch
0.85% p.s. on NAV, no performance fee
Approx. 1.25-1.55% 1)
None for 18 months after launch2)
None from 10 years of ownership3)
Patrimonium Asset Management AG
BDO AG, Zürich
1 ) The indicative “TER KGAST operating expense ratio” is based on a calculation model and on the expected composition of the portfolio without taking into account performance fees at target fund level. The “TER KGAST operating expense ratio” may be higher during the formation phase of the investment group.
2) Issue commission: after 18 months, max. 2% on NAV, in favour of the investment group.
3 ) From year 6 to year 10 after the capital commitment, a degressive redemption fee of between 0.6% and a maximum of 3% is payable to the investment group.