Swiss Life: Infrastructure fund worth 125 million after one year
One year after entering the market, the open-ended private infrastructure fund Privado manages 31 investments from five sectors in eleven countries.
According to Swiss Life Asset Managers, the Privado infrastructure fund launched a year ago has reached an investment volume of CHF 125 million. The fund invests on behalf of private and institutional investors from several countries as well as qualified Swiss investors. The portfolio currently consists of 31 investments from five sectors and eleven countries in Europe and North America. Swiss Life puts the net return achieved at 3.5%. The long-term target return is between 6 and 7%.
Privado claims to be one of the first open-ended private infrastructure funds. It invests directly and indirectly in transport networks, hospitals, schools, water treatment and supply plants, recycling companies, data centers, power plants and telecommunications systems in OECD countries.
Swiss Life Asset Managers manages assets of EUR 12 billion with its infrastructure equity platform founded in 2011.
