Swiss Life Asset Managers has launched Fontavis ESG Renewable Infrastructure Fund II, its second international renewable energy fund.

The Fund has a target size of EUR750 million (US$748.9 million) and focuses on high-quality investments in the renewables and clean energy sector. Targeting investments in OECD countries, it aims to build a diversified portfolio with unlisted assets focused on energy generation from renewable sources such as wind, solar, hydro and biomass, as well as storage and renewable fuels.

The fund will be guided by a committed renewables team that builds on solid and long-lasting relationships with project developers, energy businesses, investors, public agencies, and other stakeholders to give solid options for investing its clients' capital.