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.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.