Arcano Asset Management has launched Arcano Earth Fund II, a sustainable infrastructure fund of funds with a fundraising target of EUR300 million (US$358.31 million). Fund's investment strategy involves 70% investments as primary and 30% investment as co-investments and secondaries with a target rate of return of 7% to 8% per year.
The Fund seeks to invest in sustainable infrastructure in the U.S. and Europe, promoting ESG criteria and sustainable goals through investment in funds and co-investments whose underlying assets are mainly infrastructure focused on energy transition, water, sustainable transportation, and digital infrastructure.