Cantor Fitzgerald Launches Sustainable Infrastructure Fund
Financial services group Cantor Fitzgerald announced today the launch of the Cantor Fitzgerald Sustainable Infrastructure Fund, aimed at investing in opportunities along three infrastructure megatrends including digital transformation, decarbonization, and enhancement of aging infrastructure.
Initially proposed earlier this year, the closed end interval fund will invest in a portfolio of private institutional infrastructure investment funds and public infrastructure securities focused on the three megatrends, with a primary focus to invest in issuers that are helping to address certain United Nations Sustainable Development Goals (SDGs) through their products and services.
The new fund is being launched as global dynamics continue to drive investment in infrastructure worldwide, with opportunities arising in the sector driven by factors including increasing allocations in the sector by pension funds. sovereign wealth funds and other investors, government investments directed towards infrastructure programs, a significant focus on renewable energy generation, and efforts to develop hydrogen utilization, among others. According to Cantor Fitzgerald, the fund aims to provide benefits including stable and predictable income, lower economic sensitivity and inflation protection potential.
Jay Frank, President of Cantor Fitzgerald Asset Management, said:
“We believe individual investors are significantly under allocated to infrastructure compared to institutional investors. We are excited to bring to market one of the first SEC registered interval funds that primarily focuses on private infrastructure investments managed by leading institutional investment managers providing access to a timely asset class which looks positioned to benefit from secular infrastructure trends.”
Infrastructure-focused alternative investment and real asset solutions asset manager Capital Innovations will serve as a sub-adviser for the new fund.
Susan Dambekaln, Co-Founder of Capital Innovations, said:
“Investors are increasingly looking to private markets to meet the need for income, diversification and inflation protection in portfolios. We are excited by the opportunity to bring our infrastructure and real assets platform to a broader range of investors. We expect the combination of sustainability and infrastructure to be a major theme in the coming years.”