– Pioneer Point Partners LLP has announced the final close of its second sustainable institutional fund, Pioneer Infrastructure Partners II SCSp (“Fund II”).
– Fund II was oversubscribed, exceeding its original €800 million target and reaching its hard cap with over €1.1 billion in commitments.
– The fund was raised in just over twelve months despite a challenging market environment.
– Fund II attracted strong demand from a diverse group of institutional investors, including public and private pension funds, insurance companies, asset managers, endowments, and foundations.
– The majority of commitments came from investors in Europe and North America.
– Over 50% of the capital was committed by existing investors, many of whom increased their allocations, reflecting confidence in Pioneer’s strategy.
– Fund II also brought in a significant number of new investors, expanding Pioneer’s institutional and geographic reach.
– The fund continues Pioneer’s successful strategy of thematic, research-driven origination and value-add investment in energy transition and environmental sectors across Western Europe.
– Since its first close in July 2024, Fund II has completed two investments: Yeager Energy, and OG Clean Fuels.
– A third investment is signed and expected to close by the end of Q2 2025.
– Fund II is classified as an Article 9 Product under the Sustainable Finance Disclosure Regulation (SFDR), emphasizing its commitment to environmentally impactful investments.
