Trevor Bisset

Jan 18. 14:02

Cantor Fitzgerald Registers the Cantor Fitzgerald Sustainable Infrastructure Fund (CFIAX)

Cantor Fitzgerald logo over a white background.

Cantor Fitzgerald registered the Cantor Fitzgerald Sustainable Infrastructure Fund (the "Fund") on 1/6/2022. The Fund marks the third-ever interval fund registered to direct investor capital into initiatives that meaningfully advance sustainable development efforts – an application for the interval fund structure that we've long maintained holds the potential to align retail-accessible investment products with the UN's Sustainable Development Goals (particularly Goal 7: Affordable and Clean Energy; Goal 9: Industry, Innovation and Infrastructure; Goal 11: Sustainable Cities and Communities; and Goal 13: Climate Action).

The Fund aims to generate attractive total return for investors, with an emphasis on current income, by investing in a portfolio of Private Investment Funds as well as public infrastructure securities. The Fund's investments will be thematically focused on "Megatrends," referring to an increasingly popular phrase describing macro trends that are changing how the global economy, business, and society operate. These include shifting the global economy's "center of gravity" away from the US and toward China and India, a rapid doubling of the share of the world's population living in urban environments, the impact of machine learning and automation on nearly two-thirds of today's occupations, the addition of over a billion people to the global population and implications for demographics, labor, and healthcare, and finally, climate change – agricultural failure, natural disasters, energy shortages, and massive human relocation.

While the majority of asset managers tend to share lofty rhetoric about the importance of climate action, the Cantor Fitzgerald Sustainable Infrastructure Fund joins a very exclusive club of asset managers aiming to issue retail-accessible products that put meaningful climate impact in their Funds' bylaws, and have devised a mechanism to put capital to work solving global climate-related challenges.

Fittingly, Cantor has engaged friend of, Capital Innovations, LLC to serve as Sub-Adviser to the Fund. Capital Innovations is a boutique alternative asset manager specializing in private funds dealing with investments in real estate, infrastructure, and natural resources. Since 2007 the firm has advised, managed, or co-sponsored investment programs encompassing over $9 billion in assets.

Cantor Fitzgerald, founded in 1945, is a major global financial services firm. They specialize in equities, fixed income & currencies, investment banking, real estate, and middle market prime brokerage, and manage more than $3 billion in total assets.