NN Investment Partners (NN IP) has launched European Sustainable Infrastructure Debt fund to meet the increasing demand for investments in real assets.
The fund aims to build a diversified portfolio of investment grade quality infrastructure debt across Europe in five core sectors, including social infrastructure, transportation, energy, utilities and digital infrastructure. Traditionally, the low correlation of infrastructure assets to economic cycles has attracted long-term investors seeking to diversify their portfolios, match their liabilities and earn attractive returns.
NN IP has further refined its strategy to focus on infrastructure assets that offer measurable social and environmental impact without giving up financial returns.
The company adheres to the Equator Principles and will select investments for the fund by applying its proprietary ESG model, ensuring a strict sustainability framework and benefitting from the advice of NN IP’s Responsible Investing team.
It will help to solve current infrastructure challenges, adding value for investors and societies across Europe.
The fund will be managed by NN IP’s dedicated Infrastructure Debt team. It leverages off the team’s established investment selection and credit processes while keeping a strong focus on diversification and sustainability. The Fund has a target annual gross return of 3%-4% and a duration of 12 to 15 years.
NN IP’s European Sustainable Infrastructure Debt fund is a sub-fund of NN (L) Alternative Credit (SICAV-SIF), established in Luxembourg.