I Squared Capital Closes $1.2 Billion DFC Climate Fund

By Amit Chowdhry • Jan 22, 2024

I Squared Capital – a leading independent global infrastructure investment manager – recently announced that it has closed its first dedicated Climate Fund set up in connection with the U.S. International Finance Development Corporation (DFC). And DFC will commit $300 million alongside commitments from funds led by I Squared Capital of $900 million to invest in climate-related infrastructure projects.

As a leader in infrastructure investments in emerging economies, I Squared Capital funds have committed $7.9 billion over the past decade to infrastructure investments in emerging markets across diverse sectors, including energy, utilities, transportation, social infrastructure, digital infrastructure, and environmental infrastructure.

I Squared Capital is a leading independent global infrastructure manager with over $38 billion in assets under management focused on investing in North America, Europe, Asia, and Latin America. Based in Miami, the firm has more than 240 professionals across its offices in Singapore, London, New Delhi, Taipei, and Sydney. I Squared Capital has invested in a diverse portfolio of 81 companies with over 66,000 employees in 71 countries across the utilities, energy, digital infrastructure, transport, environmental infrastructure, and social infrastructure sectors, providing essential services to millions worldwide.

KEY QUOTE:

“The opportunity to invest alongside DFC underscores the importance of public private partnerships as vehicles to support sustainable infrastructure in the markets that need it most. It also mitigates regulatory and political risk and enables investments in infrastructure-related sectors at attractive risk adjusted returns in high growth emerging economies.”

– Sadek Wahba, Chairman of I Squared Capital