With a target size of between US$500 million and US$1 billion, the fund will invest in the four core sectors of energy (50%), digital (20%), social (20%) and mobility (10%) across “key developed markets” including Australia, Japan, Singapore, South Korea, New Zealand and Taiwan, as well as in “select developing Asian markets”, say the companies on Jan 18.
International trading and investment company Mitsui & Co and pan-European real estate investment manager Patrizia have jointly announced the launch of the APAC Sustainable Infrastructure Fund (A-SIF), with US$110 million equity to invest at first close.
The Development Bank of Japan is an anchor investor, with other investors based in Japan and Europe.
