F2i successfully reaches the final closing of IDF1 Infrastructure Debt Fund, reaching the target of 500 million euros

PRESS RELEASE

F2i successfully reaches the final closing of IDF1 Infrastructure Debt Fund, reaching the target of 500 million euros

Milan, 2 August 2024 - F2i announces that it has successfully reached the final closing of Infrastructure Debt Fund 1 (IDF1), exceeding the Euro 500 million funding target. This result was achieved thanks to the broad base of subscribers counting more than 30 investors of different types, including pension funds, banking foundations, insurance companies, banks and family offices. 

IDF1 is a fund investing in senior and junior financing in Europe supporting companies operating in key infrastructure sectors. The fund reached the first closing in Q3 2022 and has so far made 14 investments in strategic sectors - also in terms of sustainability - such as: digital infrastructure, social infrastructure and renewable energy. 

The debt investment team, led by Gianluca Gustani, has sourced and selected a number of transactions diversified both in terms of geography across the EU and infrastructure sectors, investing as of today more than 90% of its raised capital. In the light of these achievements, F2i is currently working on the launch of a second infrastructure debt fund.

IDF1 qualifies as an Article 8 of the EU SFDR, promoting environmental and social characteristics in accordance with good governance practices. For example, in terms of environmental impact IDF1 has financed companies active in renewable generation and the circular economy that that contribute to the reduction of polluting emissions and promote energy transition. In terms of social impact, the fund is supporting the investment plans of companies aimed at broadening access to new digital technologies, as well as as well as investment plans aimed at promoting greater access to healthcare services.

"Infrastructure debt funds have had widespread international success in recent years, and F2i has been the first Italian asset management company to offer this investment product, promoting access to a stable asset class offering attractive returns and supporting the development and modernization of key infrastructures”, commented Renato Ravanelli, Chief Executive Officer of F2i Sgr.