AXA IM - Real Assets, a global leader in real assets investment and the leading real estate portfolio and asset manager in Europe, announces the launch of Infrastructure Finance SCS-SIF – European Infra Senior 1, its first co-mingled pan-European infrastructure debt fund, which raised an initial €730m, from five institutions following an effective collaboration between AXA IM - Real Assets and AXA IM sales teams.
European Infra Senior 1 seeks to provide institutional investors with defensive and stable income by investing into a diversified portfolio of core infrastructure project financing across pan-European markets. The Fund will target predominantly senior secured debt investments in the infrastructure and energy sectors with a preference for brownfield assets.
The team will continue to apply the same principles that have prevailed throughout the growth of AXA IM - Real Assets’ private debt platform in that the Fund will co-invest alongside existing mandates managed by the Infrastructure Finance team of AXA IM - Real Assets, increasing the ability to deploy significant commitments and to participate in large transactions. European Infra Senior 1 will source opportunities from both the primary and secondary markets.
AXA IM - Real Assets has capped the size of the Fund to €1.5bn and will continue to monitor carefully the volume of capital raising to ensure a complete focus on delivering performance for its investors.
