New strategic partnership with Capricorn Investment Group

New strategic partnership with Capricorn Investment Group

We are pleased to announce our strategic partnership with Capricorn Investment Group giving our clients access to top performing funds in clean deep tech venture at early and growth stage as well as sustainable asset management strategies. This partnership will also encompass a collaboration on research, knowledge transfer and investments opportunities in sustainability and impact.

Capricorn was founded two decades ago serving initially as the family office of Jeff Skoll – co-founder and first President of eBay – and the asset manager of the Skoll Foundation. Capricorn has become one of the largest mission-aligned investment firms in the world, with $8+ billion of assets for institutional asset owners and family offices.

Capricorn’s mission is to pursue superior investment results by supporting entrepreneurship and innovation that address the world’s greatest challenges. Capricorn has been a leading investor in several iconic businesses (Tesla, Planet, SpaceX, QuantumScape, etc.) and asset management companies (Generation IM, Vision Ridge, Martis, Ecofin, etc.) and is today recognized as a leader in sustainability and impact investment strategies.

We thank our clients for their renewed trust and contribution and welcome Capricorn to the InPact Community!

SDGs

AIP Infrastructure II receives commitment from a consortium of Swiss institutional investors

AIP Infrastructure II receives commitment from a consortium of Swiss institutional investors

AIP is pleased to announce that a consortium of Swiss institutional investors has made a significant commitment to AIP Infrastructure II, the latest AIP investment fund focused on energy transition assets in Europe and North America. The commitment was made with the help of InPact Partners, an alternative investment advisor based in Switzerland, who has brought together the Swiss institutional investors including Retraites Populaires, Vaudoise, and CPEG, with additional investors set to join during the first half of 2021. These investors share the same long-term risk/return objectives for the energy transition asset class as well as a strong focus on ESG.

“Our public institution as well as our partners wish to continue to invest in attractive and sustainable infrastructure assets, while optimizing management costs. In addition, our investments in the AIP fund are an extension of our responsible investment policy and the recently implemented climate strategy.”, confirms Jean-Christophe Van Tilborgh, Head of the Investments Division at Retraites Populaires.

In November this year, AIP announced that Storebrand was to become the first international partner to join the AIP platform, as a co-owner and co-investor. With the commitments from PKA, PenSam, Storebrand, and the Swiss institutional consortium, AIP Infrastructure II has now reached its target commitment and is set to reach the EUR 4 billion hard cap for the fund.

“The latest commitment to AIP from renowned Swiss investors is a further validation of the AIP platform, our team and the successful investment strategy executed over the past 8 years. We are pleased to welcome the Swiss institutional consortium to the fund and look forward to continuing to deliver strong risk-adjusted returns to all of our investors”, says Kasper Hansen, Managing Partner of AIP Management.

ABOUT AIP MANAGEMENT

AIP Management is a Danish investment company dedicated to investing into energy and infrastructure assets in Europe and the US. To date, AIP has invested more than EUR 4 billion, primarily in assets that contribute to the green transition, including in six European offshore wind farms, three onshore wind farms in Sweden and the US, as well as in four large solar power plants in California and Texas. The existing investments deliver sustainable energy to cover the equivalent of 2.2 million households’ consumption and they save more than 3 tonnes of CO2 on a yearly basis. For more information, please visit aipmanagement.dk. 

New partnership with Rialto

New partnership with Rialto

We are thrilled to announce our recent partnership with Rialto Capital Management (“Rialto”). 

In the second quarter of this year, our Private Credit Working Group decided to focus on the US Commercial Real Estate Debt strategy and within that context, Rialto emerged as the primary candidate to tackle this opportunity.

The InPact Consortium was the largest contributor in the latest closing of the Rialto Real Estate Debt vehicle which has now more than $1 billion of commitments. 

Another great collaborative effort. Thanks to our clients and welcome Rialto!

New strategic partnership with AXA Investment Managers

New strategic partnership with AXA Investment Managers

We are pleased to announce our strategic partnership with AXA Investment Managers (“AXA IM”) on the Revolving Credit Facility strategy (“RCF”).

After identifying this compelling investment opportunity about a year ago with a few investors among the InPact Consortium, we ran a rigorous and collaborative selection process in Q3 and Q4 2019, which led to the selection of AXA IM to manage a dedicated portfolio for our Consortium of investors.

In Q1 2020, AXA IM and InPact Partners signed a strategic partnership on the RCF investment strategy with the objective to deploy several vintage programs in the next 5 years.

The first vintage of the AXA IM InMotion RCF strategy was launched recently with a target size of €500 million. The initial commitments came from 5 institutional investors, that should be joined by a few additional institutional investors in the coming months.

The strategy will be deployed in Revolving Credit Facilities sourced from top-tier banks, with a core focus on defensive and resilient European corporates.