The registration statement for the 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, has been declared effective by the Securities and Exchange Commission. The initial registration statement was filed in January 2022.
The fund intends to focus on three “infrastructure mega-trends,” including digital transformation, decarbonization, and enhancement of aging infrastructure assets.
Cantor Fitzgerald Sustainable Infrastructure Fund is offering to sell an unlimited number of Class A Shares (NASDAQ: CAFIX) at net asset value plus the applicable sales load. According to the prospectus filed on June 30th, Class A shares are priced at an initial NAV of $10.00 per share with a maximum sales load of 5.75 percent.
The minimum initial investment is $2,500 for regular accounts and $1,000 for retirement plan accounts, with a minimum subsequent investment of at least $100 for regular accounts and $50 for retirement plan accounts.
The interval fund will make quarterly repurchase offers at net asset value of no less than 5 percent of the outstanding shares and expects to begin conducting its quarterly repurchase offers during the fourth quarter of 2022.
Cantor Fitzgerald Investment Advisors L.P. serves as the fund’s investment adviser, and Capital Innovations serves as sub-adviser. Shares are offered through Ultimus Fund Distributors LLC.
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. The company has advised, managed, or co-sponsored investment programs encompassing more than $9 billion in assets.
Cantor Fitzgerald Investment Advisors is a division of Cantor Fitzgerald Asset Management, which manages more than $7 billion in assets across over 60 investments.