Arcano Asset Management, the asset management arm of Arcano Partners, has reached EUR215 million (US$233.14 million) in its fund of sustainable infrastructure.
The Arcano Earth Fund aims to reach EUR250 million (US$270.77 million) and has already committed more than 80% of its capital in 13 diversified investments in different geographies, sectors and underlying funds in its first year of life.
It is a fund of funds that invests in sustainable infrastructure in the United States and Europe, promoting sustainable criteria through investment in renewable energy projects, water infrastructure, transportation, and telecommunications.