New Zealand Superannuation Fund approves €125m commitment

The New Zealand sovereign wealth fund has backed a sustainable energy fund.

Institution: New Zealand Superannuation Fund
Headquarters: Auckland, New Zealand
AUM: NZ$58.6 billion
Allocation to alternatives: 17%

New Zealand Superannuation Fund has committed €125 million to the Copenhagen Infrastructure Energy Transition Fund I, according to a press release. The vehicle, which is managed by Copenhagen Infrastructure Partners, was launched this year with a target size of €2.25 billion. Investments will be focused on OECD markets in Western Europe, North America and the Asia-Pacific region.

As illustrated below, the sovereign wealth fund’s recent private infrastructure commitments have focused primarily on unlisted equity in the energy and social infrastructure sectors.

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