VP Bank in Luxembourg and Munich-based BVT Group have formed a partnership, resulting in the launch of a new fund under Luxembourg law. This fund, managed by VP Fund Solutions, a Luxembourg-based fund manager, targets professional and semi-professional investors, the bank in a press release on Tuesday 30 January.

The newly established fund, named BVT Sustainable Energy Fund SCS Sicav Raif, focuses on investments in the renewable energy sector, particularly in wind farms, photovoltaic systems and battery storage, said the press release. In alignment with its investment focus, the fund adheres to the disclosure requirements stipulated in article 9 of the Sustainable Finance Disclosure Regulation.

The BVT Group, an independent asset manager with headquarters in Munich and Atlanta, offers German private and institutional investors access to a diverse range of international real asset investments. The group’s investment portfolio primarily focuses on real estate in the USA and Germany, as well as renewable energy, infrastructure and private equity.

Torsten Ries, chief executive officer of VP Fund Solutions, stated “We are delighted that we are able to support BVT with our services for this fund. In particular, we believe that it is expedient to help shape the future of sustainable energy production together with investors.”