Fund vehicle

ARM-Harith Cities and Climate Transition Fund

Compiled from public sources

ARM-Harith Cities and Climate Transition Fund is an integrated, multi-currency, blended-finance private equity vehicle structured to deploy equity and subordinated debt into climate-resilient infrastructure, energy transition, urban mobility, water, and waste management projects. Developed originally with analytical endorsement from the Climate Policy Initiative's Global Innovation Lab for Climate Finance, the fund utilises a structural blended-currency mechanism that permits investors to commit capital in both United States dollars and local currencies within a single platform. This architecture directly addresses the macroeconomic mismatch between hard-currency financing structures and the local-currency revenues generated by operational African infrastructure assets. By mitigating currency risk at the project level, providing technical assistance to build pre-development bankability, and creating structured exit parameters, the fund is purpose-built to de-risk investment and unlock domestic institutional capital, particularly from pension funds, alongside international impact investors.

Manager

ARM-Harith Infrastructure Investment Limited (ARMHIIL)

Vintage

2026

Strategy

Infrastructure

Target size

$200m

Size

$76m

Status

Active