Herbert Smith Freehills Kramer advises Arkéa Asset Management on launch of two new infrastructure debt compartments of a Luxembourg ELTIF

Leading global law firm Herbert Smith Freehills Kramer has advised Arkéa Asset Management, a leading French asset manager, on the establishment and launch of the new “Millésime 2” compartments of the Schelcher Infrastructure Debt – RAIF ELTIF.

The new compartments pursue complementary core and impact infrastructure debt strategies and both classified as Article 9 products under SFDR. Herbert Smith Freehills Kramer advised on all aspects of the structuring and regulatory framework.

Herbert Smith Freehills Kramer also supported Arkéa Asset Management on the successful first closing of these two new vintages.

Less than six months after the launch of Vintage 2 of the Core and Impact strategies, a first closing of €350 million was achieved with European institutional investors and insurers. Further closings are planned in 2026, with a total fundraising target of €800 million.

This first closing marks a significant milestone for Arkéa Infrastructure Transition Debt, enabling the platform to surpass €1 billion in assets under management across European sustainable infrastructure debt. The new vintage will support long‑term financing of infrastructure critical to Europe’s energy and digital transitions, including renewable energy, battery storage, electric mobilit, circular economy initiatives, data centres and telecom fibre networks

This milestone further showcases the Luxembourg team’s expertise in advising on complex alternative fund structures.

The Herbert Smith Freehills Kramer team was led by funds partner Joanna Pecenik Vergès d’Espagne, supported by senior associate Nicolas Haas and associate Thomas Crahay.