Infranity

Alban de La Selle serves as Chief Investment Officer and co-founder, overseeing investment strategy and portfolio construction. The investment committee is composed of senior partners who personally co-invest alongside fund limited partners, creating direct financial alignment. Origination decisions are delegated to sector-specialist deal teams operating under a single credit and risk framework.

Infranity is a regulated institutional asset manager, not a family office. The firm was founded via a management buyout of Generali's direct infrastructure investment unit in 2018, with Generali Investment Partners retaining a minority stake. Infranity manages closed-end Luxembourg funds for European pension funds, insurers, and sovereign wealth funds.

Infranity targets European mid-market infrastructure transactions between €50 million and €300 million where bilateral origination is common and auction processes are fewer. The firm's partners maintain direct relationships with French and European project developers, industrial corporates, and regional energy companies built during the team's tenure inside Generali. This origination model emphasizes negotiated access over broker-led competitive processes.

Infranity deploys through three fund structures: senior infrastructure debt funds, subordinated infrastructure debt strategies, and minority equity co-investment vehicles. The flagship Enhanced Return Debt Fund (ERDF) series targets investment-grade and near-investment-grade senior-secured infrastructure loans. The firm participates primarily in direct origination rather than secondary purchases or fund-of-funds allocations.

Infranity concentrates on four infrastructure sectors: renewable energy generation and storage, regulated electricity transmission and distribution, digital infrastructure including fiber networks and data centers, and sustainable mobility including electric vehicle charging and rail. The firm does not invest in fossil-fuel extraction, mining, or carbon-intensive transport infrastructure, reflecting an ESG exclusion framework integrated into investment underwriting.

Generali Investment Partners retains a minority economic interest in Infranity and serves as an anchor seed investor in the firm's fund products. However, Infranity operates with an independent investment committee, autonomous governance, and a dedicated management team that completes the MBO in 2018. Generali has no veto authority over individual investment decisions or fund terms.

Infranity does not maintain a separate philanthropic foundation or charitable trust. The firm's ESG and sustainability function, led by Caroline Oudine since June 2024, focuses on fund-level impact measurement, SFDR Article 8 and Article 9 fund classification, and portfolio-company engagement on decarbonization pathways aligned with the Paris Agreement.