UBS AM second clean energy fund reaches final close

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UBS Asset Management (UBS-AM), one of the largest asset managers in real assets worldwide announces the successful final close of its second pioneering investment solution, UBS Clean Energy Infrastructure Switzerland 2 (UBS-CEIS 2).

UBS-CEIS 2 has raised a total of about CHF472 million (US$476.58 million) in commitments and provides institutional investors access to a diversified portfolio of infrastructure investments in growth areas of sustainable energy production, energy efficiency and supply infrastructure with a focus on Switzerland. The fund is a joint initiative between UBS-AM, the independent Swiss investment manager Fontavis AG; and Swiss Mobiliar, which provides UBS-CEIS 2 with insurance-related advisory services.

UBS-CEIS 2 reached the end of its subscription period on 3 September 2019 and is now closed to new investors. The capital has been raised from more than 40 institutional investors, comprising a combination of private and public pension funds, as well as insurance companies. The fundraising benefitted from a combination of new and existing investors who have looked to the track record of the predecessor fund, UBS-CEIS. Both funds in aggregate have raised a total of CHF868 million (US$876.303 million) in the capital.

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