Our team advised on Luxembourg legal, regulatory, fund finance and tax aspects of the structuring, setting up, and closing of the fund which closed with a total of EUR 1.4 billion in commitments, surpassing its EUR 1.2 billion target.

The fund contains commitments from new and existing investors to Ancala. It comprises funds from institutional investors across Europe, North America and Asia.

Ancala invests in critical infrastructure businesses. It has total AuM of more than €4bn and manages 18 assets operating in essential infrastructure sectors including renewable energy and energy transition, transport, utilities and the circular economy. The firm takes a unique entrepreneurial and collaborative approach to consistently deliver results for its investors, the companies it invests in and the communities they serve.