Swiss Life seeks €2.5bn for latest global core-plus infrastructure fund

Swiss Life Asset Managers is seeking to raise €2.5bn for its latest global core and core-plus infrastructure fund.

The manager said the newly launched Global Infrastructure Opportunities IV (GIO IV) is expected to have its first closing in the first quarter of 2025.

Swiss Life AM said the close-ended GIO IV fund, focussed on OECD markets in Europe and North America, will follow the investment strategy of its predecessor funds.

GIO IV’s strategy involves making long-term, direct investments in mid-market infrastructure companies within sectors positioned for future growth, such as transportation, renewable energy, utilities, and digital infrastructure. 

Gabriele Damiani, the head of core infrastructure at Swiss Life Asset Managers, said: “Core/core-plus infrastructure remains the backbone of our society and in an ever changing world, our flexible mid-market investment mandate allows us to seamlessly pivot across sectors and geographies and to efficiently deploy capital and deliver expected returns.”

Earlier this year, Swiss Life AM also launched Swiss Life Funds LUX Privado Infrastructure fund, the manager’s first open-ended private infrastructure fund to target investment opportunities across OECD countries.

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