YIELCO and Metzler announce successful first closing of their infra­structure fund of funds

• YIELCO Metzler Infra­struktur IV offers an attractive investment oppor­tunity in sustainable and global infra­structure
• Robust pipeline of investment oppor­tu­nities
• Strong investor demand: interest also from new client segments and geographic regions

Frankfurt am Main, Munich, 15 July 2025 – Metzler Asset Management GmbH (“Metzler AM”), a subsidiary of the Frankfurt-based bank B. Metzler seel. Sohn & Co. AG, and YIELCO Invest­ments Group (“YIELCO Invest­ments”), a private markets specialist, announce the first closing of their jointly launched sustainable infra­structure fund of funds YIELCO Metzler Infra­struktur IV (“YMIF IV”). The multi-manager programme with a target capi­tal­i­sation of EUR 300 million builds on the successful history and track record of existing infra­structure investment programmes of the YIELCO Invest­ments Group and aims to generate attractive long-term investment returns by investing in a globally diver­sified port­folio of primary and secondary invest­ments in infra­structure target funds with a focus on sustainable infra­structure in Europe and North America.

A robust pipeline of investment oppor­tu­nities already exists. With the first closing completed, the first commitment will be made imme­di­ately in the third quarter of 2025 following a careful prelim­inary review. Two to three further commit­ments (primary and/or secon­daries) are planned by the end of the year, both from existing manager rela­tion­ships and from new part­ner­ships in the small- and mid-cap segment. The fund is aiming for a diver­sified port­folio of at least ten fund invest­ments with around 150 under­lying infra­structure invest­ments across various infra­structure sectors in order to achieve long-term risk-adjusted returns.

The first closing was driven by strong investor interest, with commit­ments from a broad range of insti­tu­tional investors. Thanks to Metzler’s extensive client network, the fund was able to attract the attention of new investors and new client segments in addition to existing YIELCO clients. Metzler Pension Management GmbH also acted as a seed investor in the fund with its vehicles.

Uwe Fleis­chhauer, founding partner and member of the Exec­utive Board of YIELCO Invest­ments, comments: “Infra­structure will remain a key growth theme for insti­tu­tional investors in the coming decades. The strong investor demand reflects the attrac­tiveness of this asset class and we look forward to real­ising a solid pipeline of investment oppor­tu­nities. The prede­cessor fund, YIELCO Infra­struktur III, is now fully allo­cated and comprises 15 target funds, including two secondary trans­ac­tions. The successful investment activity under­lines our proven investment strategy and YIELCO’s long-standing expertise in private markets.”

Philip Schätzle, Managing Director and Head of Sales at Metzler AM, adds: “With YIELCO Metzler Infra­struktur IV, we are contributing our extensive expe­rience in sustain­ability-oriented investment strategies and expanding our port­folio to include sustainable infra­structure invest­ments. The collab­o­ration between Metzler and YIELCO enables us to offer a highly diver­sified and ESG-inte­grated investment solution that is tailored to the needs of our clients.”

The fund’s investment strategy promotes envi­ron­mental and social char­ac­ter­istics throughout the investment process with a dedi­cated ESG approach and discloses these in accor­dance with Article 8 of the EU Disclosure Regu­lation. The port­folio is constructed through a combi­nation of primary and secondary invest­ments covering a broad range of infra­structure sectors, including energy, transport, digital and social infra­structure and decar­bon­i­sation-focused assets.

About YIELCO
YIELCO Invest­ments is an inde­pendent global private markets investment specialist with offices in Germany, Switzerland, Spain and Luxem­bourg. The group services over EUR 11 billion in capital commit­ments from insti­tu­tional investors across the asset classes of private equity, private debt, and infra­structure.

About Metzler
B. Metzler seel. Sohn & Co. AG is Germany’s oldest private bank with an unbroken tradition of family ownership, dating back over 350 years. Metzler Bank specialises in indi­vidual capital market services for insti­tu­tions and discerning private clients. Metzler Asset Management GmbH, a subsidiary, offers investment services for insti­tu­tional clients. Sustain­ability has played an important role at Metzler AM for over 20 years. The company has been a signatory to the UN Prin­ciples for Respon­sible Investment (UN PRI) since 2012 and joined the “Net Zero Asset Managers Initiative” in November 2021. Many years of expe­rience enable Metzler AM to consis­tently and contin­u­ously develop its ESG approach in line with the increasing sustain­ability require­ments of investors.

Disclaimer
This is a marketing advert. The afore­men­tioned fund is only offered in Germany to profes­sional investors within the meaning of Annex II of Directive 2014/65/EU (MIFID II) and semi-profes­sional investors pursuant to Section 330 of the German Investment Code (KAGB). Invest­ments in infra­structure funds are highly illiquid and entail a high level of risk. The targeted high returns may not be achieved. The value of an investment can fall as well as rise. There is a risk of a total loss of the invested capital.

Contact for press enquiries

YIELCO Invest­ments
Susanne Rizzo
Phone +49 89 2323 9297–36
susanne.rizzo@yielco.com