ITHAKA INFRASTRUCTURE PARTNERS SGEIC, S.L.

Thesis

They focus on providing flexible capital to mid-market infrastructure opportunities in Europe, specifically targeting Spain and the broader European market. Their investment thesis centers on opportunities offering high current distributions, robust downside protection, and multiple avenues for value creation, aiming for superior returns across market cycles. The firm employs a strategy of thematic sourcing driven by market dynamics and a flexible capital mandate, underpinned by a strict underwriting framework. Ithaka invests across various infrastructure sub-sectors, including energy & environmental, digital, social, urban, and sports infrastructure. They are flexible across the capital structure, providing equity, debt, and structured solutions. The firm manages several funds, including 'ITHAKA INFRA FUND III FCR' and 'Ithaka Infra III – March, FCR'. Banca March has launched 'Ithaka Infra III March,' a co-investment opportunity within Ithaka's third fund, which plans to invest a total of €500 million. Specific details on typical check sizes per investment deal are not publicly available.