Eiffel Investment Group has launched an evergreen private debt fund in co-creation with Van Lanschot Kempen, securing €220m (£193.5m) in initial commitments from Dutch pension funds at first close.
The new vehicle targets a total size of €500m and comprises of two subfunds, each pursuing an impact-driven private credit strategy. One subfund will finance small and medium-sized enterprises and energy transition projects across the Benelux region, while the other will provide short-term secured loans to energy infrastructure projects across Europe.
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Eiffel said the Article 9 fund is designed exclusively for clients of Van Lanschot Kempen Investment Management and aligns with the goals of the Paris Agreement, incorporating sustainability indicators.
“These two vehicles demonstrate our commitment to providing investment solutions that combine financial performance with positive environmental and social impact,” said Fabrice Dumonteil, chief executive of Eiffel Investment Group.
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The initial commitments came from Pensioenfonds PostNL and Stichting De Samenwerking, Pensioenfonds voor het Slagersbedrijf.
“We are seeing increasing demand from institutional clients for strategies that deliver both return targets and measurable impact, especially locally,” said Wilse Graveland, head of fiduciary management and institutional solutions at Van Lanschot Kempen Investment Management. “Together with Eiffel Investment Group, we are offering solutions that respond to this need and contribute to the sustainable transformation of the economy.”
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