IMPACT INFRASTRUCTURE FUND
Impact Infrastructure Fund (IIF) is a private equity fund that focuses on infrastructure public private partnerships with a strong impact dimension.
We are collaborating with GIB (Global Infrastructure Basel) and are applying their Sustainable and Resilient Infrastructure Holistic Impact Assessment (ESG) framework (SuRe) on all our portfolio projects.
While the Impact Investing market is rapidly growing, the offer amongst the +700 Infrastructure funds with an impact dimension has not matched the demand. In fact being one of the only ESG-oriented Infrastructure Funds 4IP-IIF contributes to bridge this ESG assessment gap.
The 4IP-Fund intends to raise at least USD 100 mln during first close which will be invested into PPPs for an average of USD 5-15 mln per project. It focuses on the following key sectors: Transport Infrastructure, Renewable Energy, and Health (mainly hospitals) in emerging markets.
The Fund always invests as a minority investor alongside reputable investors and sees its mission as promoting the impact (ESG) dimension in the structuring of each portfolio transaction.
It works in close cooperation with public authorities and private sector in the following three regions:
1. Africa (mainly LMICs such as Morocco, Egypt, Senegal, Ghana, Kenya, Zambia, Namibia and South Africa as well as a few promising LICs such as Ethiopia and Tanzania)
2. Central Asia (mainly Kazakstan & Uzbekistan) & Turkey
3. South East Asia (Indonesia, Vietnam, Malaysia, Thailand, and Cambodia).
Management is ensured by a team led by 4IP’s own Managing Partners with the support of analysts. It capitalizes on the extensive experience of 4IP partners in the field of PPPs, Transport, Renewable Energy, and Health.
Return targets are in the range of 10-15%.
Impact (ESG) objectives are aligned with The Standard for Sustainable and Resilient Infrastructure (hereinafter “SuRe®”), which consists of three Dimensions (Environment, Governance and Society) and their associated 61 Criteria. SuRe® will be applied to all Infrastructure sectors in our Portfolio including transportation, Renewable energy production and soft Infrastructure (such as health Infrastructure). While SuRe® can be applied to all development phases of Infrastructure projects, 4IP-IIF intends to use it at the: planning, design, and early construction phases to optimize the influence of the Fund on the structuring of the PPP projects.
The Fund has a 15 years duration, and will have a 3-4-years disbursement period.