#United States #New York #Nuveen #Energy Fund #EPIC II

Nuveen's Recent Fundraising Success

On August 13, 2025, Nuveen, a prominent global investment manager, announced the successful completion of the initial closing of its Energy & Power Infrastructure Credit Fund II (EPIC II). With a remarkable $1.3 billion in capital commitments already secured, Nuveen is poised to leverage this fund to address the growing energy and power demands driven by factors such as digitalization, electrification, and the reindustrialization trends unfolding across North America and Europe.

The Investment Strategy

The EPIC II fund is aiming for a total target of $2.5 billion, providing private credit solutions to various companies within the energy sector. This approach includes investments across a broad spectrum of the energy ecosystem, emphasizing renewables, energy storage, hydrocarbons, midstream operations, and liquefied natural gas. By combining resilient infrastructure assets with innovative private credit strategies, Nuveen seeks to attract global investor interest.

According to Don Dimitrievich, Senior Managing Director and Portfolio Manager for Energy Infrastructure Credit, the fund capitalizes on rising global energy demands, while concurrently working to mitigate risks stemming from macroeconomic volatility, inflation, and geopolitical concerns. The fund's design is rooted in the principle of providing robust income potential through investments that exhibit strong cash flow.

Global Investor Appeal

Notably, nearly half of the initial investments have originated from outside the United States, signaling a diverse international interest in the fund. This includes commitments from notable institutional investors such as a leading Canadian pension fund manager and TIAA, along with major asset managers and corporate pensions from Japan and Korea. Such a global backing demonstrates the fund’s far-reaching appeal amid increasing energy demands worldwide.

The investment strategy employed in EPIC II builds upon the framework established in the first iteration of the fund (EPIC I), which has already proven its effectiveness in capturing investment opportunities in this crucial sector. This multi-faceted credit strategy not only supports secure and reliable power generation but also targets sustainable infrastructure solutions across the board.

Expertise and Experience

Nuveen's Energy Infrastructure Credit platform is helmed by industry veteran Don Dimitrievich, who brings invaluable experience to the team. Alongside 13 investment professionals, the team has collectively managed investments exceeding $13 billion across various market cycles. Their extensive experience allows for a nuanced approach to investing, ensuring adaptability and poised decision-making in a fluctuating market landscape.

Nuveen stands out as one of the top 20 infrastructure managers worldwide, with over $35 billion in infrastructure assets under management as of March 31, 2025. This strong track record reinforces the credibility and reliability of Nuveen as an investment partner.

With EPIC II, Nuveen aims not only to address immediate energy demands but also to secure long-term financial solutions for institutional and individual investors alike. By focusing on sustainable and resilient companies and projects throughout the energy and power ecosystem, this fund positions itself strategically to capitalize on one of the most pressing global trends.

Conclusion

As the demand for reliable energy sources escalates, Nuveen's EPIC II fund is well-placed to attract further investment while addressing both current and future market needs. This initiative highlights the growing necessity for innovative financial solutions that bridge infrastructure investment with robust credit financing, ultimately contributing to a sustainable energy future for generations to come.