Home / Business and Economy / F2i Eyes 1.5B Euros for New European Equity Fund
F2i Eyes 1.5B Euros for New European Equity Fund
17 Mar
Summary
- F2i aims to raise 1.5 billion euros for a new equity fund.
- A prior F2i equity fund yielded an annual average of 14.5%.
- Investors see Europe as a stable capital allocation choice.
Italian infrastructure fund F2i is confident it will achieve its fundraising goal of 1.5 billion euros for a new equity fund. This optimism stems from the perceived stability of Europe amid increasing global unrest and the strong performance of a recently liquidated fund.
F2i's prior equity fund, initiated in 2015 with 1.2 billion euros, successfully returned an average annual yield of 14.5% to investors. This fund grew to 2.6 billion euros in value before its liquidation.
The company has commenced fundraising for its seventh equity fund, which signifies an expansion of its investment focus. It will now include select European projects in addition to its traditional Italian investments.
According to CEO Renato Ravanelli, growing geopolitical instability is causing investors to view Europe as a relatively stable region for capital allocation and risk management. F2i, established in 2007, has raised a total of 11 billion euros to date.
Historically concentrating on Italy, F2i specializes in mid-sized investments in energy, logistics, and infrastructure sectors, typically with a 10-12 year investment horizon. The fund recently secured 460 million euros for its second credit fund.
