Apollo Clear Transition Fairness ELTIF will provide European traders higher entry to wash transition investments in personal markets
The launch helps Apollo’s purpose of deploying $50 billion in clear power and local weather capital by 2027
Apollo has introduced that Apollo Clear Transition Fairness ELTIF (“ACT Fairness ELTIF” or the “Fund”) might be launched via Apollo Personal Markets SICAV, the corporate’s Luxembourg-based product platform, after acquiring regulatory clearance from the Luxembourg Fee Surveillance du Secteur Financier (CSSF). ). ACT Fairness ELTIF is designed to supply asset traders throughout Europe with better entry to non-public fairness alternatives targeted on the transition to wash power and sustainable industries.
The addition of ACT Fairness ELTIF to the Apollo Personal Markets platform reinforces Apollo’s dedication to providing particular person traders institutional-quality managed merchandise via its International Wealth enterprise. Due to the construction of Apollo Personal Markets SICAV, ACT Fairness ELTIF might be accessible to European traders of their native forex and totally funded at launch.
“This marks one other necessary milestone as we scale the options supplied via our International Wealth enterprise to assist meet the wants of European traders.says Apollo’s Veronique Fournier, Managing Director and Head of EMEA International Wealth. “This new providing will broaden entry to non-public markets whereas offering publicity to thematic local weather and transition personal fairness investments we consider our shoppers are in search of.”
Over the previous 5 years, Apollo-managed funds have dedicated greater than $23 billion to power transition and sustainability-related investments.
“The launch of ACT Fairness ELTIF reinforces our dedication to investing within the clear power transition and our capability to deploy capital at scale throughout sectors and methods. We’re excited to broaden entry to our technique, which is able to present eligible traders in Europe the chance to take part in what we view as a generation-defining alternative to deal with local weather change.says Olivia Wassenaar, Head of Sustainability and Infrastructure at Apollo.
Associated article: CIP Launches $3 Billion Clear Vitality Development Markets Fund
S64 serves as platform advisor, RBC serves as administrator and custodian, and Clifford Probability serves as authorized advisor to Apollo.
The Fund could also be topic to sure authorized limits that might preclude participation in sure transactions. This isn’t a suggestion of securities on the market in the US, and securities of any issuer referenced herein will not be supplied or offered in the US.