AXA Investment Managers - Real Assets has announced the successful final close of its second comingled European infrastructure debt fund, European Infrastructure Senior 2 (EIS 2), which has raised a total of c. EUR 1.05 billion (US$ 1.20 billion), exceeding its original target.
The capital was raised from a diverse pool of institutional investors from across Europe and Asia. EIS 2 will pursue a consistent strategy to its predecessor and seek to provide its investors with defensive and stable income by investing into a diversified portfolio of core infrastructure financings across European markets. The Fund will target predominantly senior secured floating rate debt investments. Since its launch in December 2018, EIS 2 has already invested in six transactions in the digital infrastructure, renewable energy and rail transportation sectors in France, Spain, and Germany.