About This Fund
Nuveen has successfully completed the first close of its Energy & Power Infrastructure Credit Fund II (EPIC II), securing $1.3 billion in initial commitments toward a $2.5 billion target. This private credit strategy is designed to support energy and power infrastructure companies across OECD regions amid rising demand driven by digitalization, electrification, and reindustrialization. EPIC II extends Nuveen’s Energy Infrastructure Credit (EIC) platform—led by Don Dimitrievich and backed by a seasoned team—offering flexible, bespoke credit and structured financing across the energy and power ecosystem. The strategy emphasizes downside protection through hard asset collateral, long‑term contracts with strong counterparties, and strong pricing safeguards. The fund deploys capital into a broad array of energy‑related sectors—including renewables, energy storage, hydrocarbons, midstream, and liquified natural gas (LNG)—supporting secure, reliable energy generation. It targets investments that deliver resilient, predictable cash flows while mitigating macro, inflationary, and geopolitical risk. EPIC II is anchored by commitments from a Canadian pension fund manager and TIAA, with nearly half of capital coming from outside the U.S.—including global insurers and Japanese and Korean pensions. It builds on the success of EPIC I and positions investors to tap enduring energy infrastructure demand with durable income potential.