Generali-owned alternatives firm Infranity has raised €2bn for its two flagship impact infrastructure debt funds, exceeding its initial €1bn target.
The two funds are categorised as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR), with the first investing in green assets and the second focusing on digital and social opportunities in the high yield segment.
The funds initially attracted investments mainly from insurance companies in Europe, with the investor base expanding to include pension funds, institutions and Asian investors.