Asian investors have been key to the fundraise, which is targeting up to €1bn, as they look for exposure to euro- and dollar-denominated investments.
Asia-based real estate firms focusing on the infra space may be able to hit the ground running but banking on the similarities between asset classes won’t be enough for the long haul.
Clean Energy Transition Fund II will focus on OECD-based companies with proven technologies in the green energy space that are ready to commercialise and expand into Asia.