Cantor Fitzgerald has launched a new sustainable infrastructure fund, targeting investments aligned with the United Nations Sustainable Development Goals.
The Cantor Fitzgerald Sustainable Infrastructure Fund will invest in a portfolio of private institutional infrastructure investment funds and public infrastructure securities.
Additionally, this close-end interval fund will focus on digital transformation, decarbonization and the improvement and modernization of aging infrastructure.
According to Cantor Fitzgerald, interval funds can provide exposure to private investment opportunities typically available only to institutional investors.
The new fund will therefore enable individual investors to gain exposure to a wider pool of real assets strategies without giving up the potential benefits of a registered product.
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." Capital Innovations, manager of alternative investment and real asset solutions, will serve as sub-adviser to the fund, which is now on NASDAQ under ticker symbol CAFIX.
Susan Dambekaln, co-founder of Capital Innovations, commented: "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 year,” Dambekaln added.