Generali focuses on renewables with Infranity: a 1.5 billion fund in Europe

Infranity Network Accelerates On Renewables With 1.5 Billion Bet. The asset management company – part of Generali Investments and specialized in investments in sustainable infrastructure – such as wind and solar power plants, has launched its fourth fund, which aims to raise one and a half billion to transfer it to renewable energy plants in Europe. Taking advantage of current favorable market conditions – you read a note – Vehicle is expected to offer investors attractive gross margins at all illiquidity premiums and higher, i.e. the added bonus that rewards investors for owning assets that are not easily convertible to liquidity. In addition to this operation, the former Generali Global Infrastructure (name changed in June 2022, from Meltdowns between Infrastructure and Humanity) closed another fund, this time the third generation Senior Infrastructure Debt Strategy, which significantly exceeded the financing target: more than 1.6 billion eurosFor an expected 1.5 billion euros. The fund was launched in the second half of 2021 and has already invested more than 80% of the capital raised, building a diversified and optimized portfolio according to the principles of Solvency II with 19 investments.

Since its inception in 2018, by Philippe Benaroya, Alban de la Celle and Gilles Lingeni (still shareholders), the fund company boasts a track record of more than 70 investments in Europe with a volume of more than €7 billion. On the other hand, assets under management exceed 8 billion euros and in Italy they have funded about 1 billion in the last three years in TLC and renewable infrastructures. The firm caters to a wide range of more than 40 limited partnerships (companies incorporated under Anglo-Saxon law, such as private equity funds and hedge funds) in Europe, Asia and North America; It operates by investment but without entering into equity and return objectives. We are very pleased to close the third generation of our senior debt strategy,” said Philip Benaroya, CEO and Managing Partner of Infranity. Infranity has successfully closed its flagship fund, exceeding its original target by more than €1.6 billion in investor commitments. This highlights Infranity’s world-class capabilities in infrastructure debt in Europe, demonstrates our strong execution speed, and highlights our company’s attractive product offerings. We are grateful for the confidence that many investors have placed in us – continued Benaroya – and we intend to offer them soon a new version of our flagship product dedicated to large infrastructure debt, so that they can take advantage of attractive market conditions with higher margins and higher illiquidity premiums.