Cantor Fitzgerald and Capital Innovations to Launch Sustainable Infrastructure Interval Fund
Cantor Fitzgerald has filed an initial registration statement with the Securities and Exchange Commission for Cantor Fitzgerald Sustainable Infrastructure Fund.
Cantor Fitzgerald has filed an initial registration statement with the Securities and Exchange Commission for Cantor Fitzgerald Sustainable Infrastructure Fund, an interval fund that plans to invest in a portfolio of private institutional infrastructure investment funds and public infrastructure securities.
Working with Capital Innovations as sub-adviser, the fund intends to focus on three “infrastructure mega-trends,” including digital transformation, decarbonization, and enhancement of aging infrastructure assets. Cantor Fitzgerald expects to launch the fund in the second quarter of 2022.
“We are excited about this new venture with Capital Innovations given that infrastructure is a natural addition to our investment platform leveraging our investment bank’s expertise in power, energy, and infrastructure as well as the firm’s domestic and global reach,” said Jay Frank, president of Cantor Fitzgerald Capital and chief operating officer of Cantor Fitzgerald Investment Management. “The need for investment in infrastructure in the U.S. and around the world is extraordinary and we believe our platform is well positioned to provide investors with the opportunity to invest in sustainable investment strategies.”
Cantor Fitzgerald, L.P., is a global financial services organization specializing in financial services, investment banking, and asset management for institutional and high net worth clients. As of December 31, 2021, Cantor and its subsidiaries and affiliates had more than $6.5 billion in assets under management.
Capital Innovations, a manager of real assets investments, has managed infrastructure equity and debt investments since 2007, with a focus on environmental, social, and governance (ESG) and sustainability since its inception. Co-founder Michael Underhill is chairman emeritus and an early signatory of the United Nations Principles of Responsible Investment infrastructure work stream which was critical to the foundation of present-day sustainable investing, the company said.
“Investors are increasingly looking to private markets to meet the need for more income and diversification in portfolios,” said said Susan Dambekaln, co-founder of Capital Innovations. “Sustainable investment strategies have seen an increase in demand and are expected to account for a third ($35.3 trillion) of all investments in the world’s five largest markets in 2022.”
Cantor Fitzgerald & Co. is an investment bank serving more than 5,000 institutional clients around the world and is one of the 24 primary dealers authorized to transact business with the Federal Reserve Bank of New York.
Founded in 2007, Capital Innovations has advised, managed, or co-sponsored investment programs encompassing more than $9 billion in assets. The firm’s alternative investments primarily include two groups of products: actively managed listed real assets strategies and tax-advantaged private markets real asset strategies.
