Commerz Real fund reaches €1bn

The German asset manager has held a first close for its open-end fund.

Fund Name: Klimavest
Amount raised: €1 billion
Stage of fundraising: First close

Commerz Real has held a first close on €1 billion for its open-end Klimavest fund.

The fund was launched in October 2020 to invest in renewable energy generation and sustainable infrastructure.

Founded in 1972, Commerz Real is a Wiesbaden-headquartered asset management firm that specialises in real estate and infrastructure investments across Europe.

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