In June 2025, Épopée Gestion launched the FCPR Épopée Infra Climat Co-invest I fund with the aim of making investment in low-carbon infrastructure accessible to as many people as possible. The fund invests in the new generation of climate-friendly infrastructure across all regions of France. Already listed by Suravenir at its launch, the fund is now gaining further momentum with its listing by Generali France.
A co-investment fund with Épopée Gestion’s institutional infrastructure fund
The FCPR Épopée Infra Climat Co-invest I fund systematically co-invests with SLP Épopée Infra Climat I, an institutional fund that is still raising capital and has already been subscribed to for more than €170 million by some twenty French and European institutional investors.
The strategy consists of investing in new-generation infrastructure in the regions, often based on emerging technologies or models that the fund helps to scale up: agrivoltaics, electric vehicle charging stations, carbon-free maritime transport, the circular economy, etc. These projects are mainly based on long-term contracts with customers. The FCPR aims to make a dozen investments by early 2028 (including four by the end of 2025).
A particularly committed fund
Classified as Article 9 SFDR, the fund stands out for its ambitious decarbonisation goals, aiming to align more than 70% of its portfolio with the European Taxonomy and the Paris Agreement climate target (portfolio temperature below 2°C). 30% of the managers’ incentive scheme depends on the achievement of these objectives.
The FCPR is accelerating its development with its listing by Generali France, one of the major players in the savings and wealth management market in France. The fund is available in the main life insurance and retirement savings contracts insured by Generali Vie and Generali Retraite.
Maxime Le Boursicaud, Distribution Director at Épopée Gestion, is delighted: ‘Being listed by Generali will enable us to meet the expectations of numerous distribution partners throughout France. Most of them are looking for high-performance products that are firmly rooted in their local area and meaningful to their customers.’
Épopée Gestion has been distributing some of its products since 2024 through CGP networks, private banks and multi-family offices. In addition to the Épopée Hôtels I fund (hotel renovation on the Atlantic coast) launched at the end of 2023, 2025 saw an expansion of the range of products distributed through these channels with the FCPR Épopée Infra Climat Co-invest I and SC Y Immo (distributed by Yomoni).
Investing in unit-linked products carries a risk of capital loss, as their value is subject to fluctuations, both upwards and downwards, depending in particular on developments in the financial markets. The insurer commits to the number of units, but not to their value, which it does not guarantee.