24 January 2023 • 2 minute read
DLA Piper advises new APAC Sustainable Infrastructure Fund
Global law firm DLA Piper has advised a joint venture between PATRIZIA and Mitsui, on the launch of their new APAC Sustainable Infrastructure Fund, which has USD 110 million of equity at first close.
“The Fund represents the key principles of ESG and is focused on investing in sustainable mid-market infrastructure across the Asia-Pacific,” said Emma Kendall, Partner, DLA Piper.
“This is the second fund from the PATRIZIA-Mitsui collaboration, following the success of their Emerging Market Infrastructure Fund (EMIF), and is testament to their commitment to the region,” Emma said.
With a target size of USD 500 million to USD 1 billion, the Fund will invest in the energy, digital, social and mobility sectors across key developed markets across APAC including Australia, Japan, Singapore, South Korea, New Zealand and Taiwan, as well as in select developing Asian markets.
The Fund will primarily focus on mid-market opportunities in the four core sectors of energy, digital, social, and mobility. Target assets include solar and wind farms, data centres, sea cables, healthcare and education facilities, and EV charging stations.
DLA Piper's team was led by Emma Kendall (Partner, Corporate), who was supported by Matthew Parkinson (Special Counsel, Corporate). The DLA Piper team collaborated with Andrea Ng and Catherine Lim at Shook Lin in Singapore, and Tania Toh and Michelle Ong at Walkers in the Cayman Islands.
“We were pleased to advise a client which is leading on ESG funds management. Increasingly we see more requests from clients for advice, wherever they are on their ESG journey,” Emma said.
This matter is yet another demonstration of DLA Piper’s capabilities in international funds. Each year the firm closes more than 2,000 fund investments for many of the world’s leading private and institutional investors, and helps hundreds of fund sponsors form numerous funds of all types.
DLA Piper has one of the largest investment management and funds practices in the world, with lawyers dedicated to investment management and funds across key global jurisdictions, including New York, Chicago, San Francisco, Austin, Dallas, Seattle, Philadelphia, Boston, Los Angeles, London, Luxembourg, Ireland and Hong Kong.
“The Fund represents the key principles of ESG and is focused on investing in sustainable mid-market infrastructure across the Asia-Pacific,” said Emma Kendall, Partner, DLA Piper.
“This is the second fund from the PATRIZIA-Mitsui collaboration, following the success of their Emerging Market Infrastructure Fund (EMIF), and is testament to their commitment to the region,” Emma said.
With a target size of USD 500 million to USD 1 billion, the Fund will invest in the energy, digital, social and mobility sectors across key developed markets across APAC including Australia, Japan, Singapore, South Korea, New Zealand and Taiwan, as well as in select developing Asian markets.
The Fund will primarily focus on mid-market opportunities in the four core sectors of energy, digital, social, and mobility. Target assets include solar and wind farms, data centres, sea cables, healthcare and education facilities, and EV charging stations.
DLA Piper's team was led by Emma Kendall (Partner, Corporate), who was supported by Matthew Parkinson (Special Counsel, Corporate). The DLA Piper team collaborated with Andrea Ng and Catherine Lim at Shook Lin in Singapore, and Tania Toh and Michelle Ong at Walkers in the Cayman Islands.
“We were pleased to advise a client which is leading on ESG funds management. Increasingly we see more requests from clients for advice, wherever they are on their ESG journey,” Emma said.
This matter is yet another demonstration of DLA Piper’s capabilities in international funds. Each year the firm closes more than 2,000 fund investments for many of the world’s leading private and institutional investors, and helps hundreds of fund sponsors form numerous funds of all types.
DLA Piper has one of the largest investment management and funds practices in the world, with lawyers dedicated to investment management and funds across key global jurisdictions, including New York, Chicago, San Francisco, Austin, Dallas, Seattle, Philadelphia, Boston, Los Angeles, London, Luxembourg, Ireland and Hong Kong.
