Global law firm Norton Rose Fulbright has advised Poland's development bank, Bank Gospodarstwa Krajowego ("BGK"), on the launch of Marguerite II. This follows the successful investment strategy of Marguerite I.

Marguerite II is a European infrastructure fund. It has been launched by a consortium of leading European national development banks comprising Poland's Bank Gospodarstwa Krajowego (BGK), France's Caisse des Depots Group (CDC), Italy's Cassa depositi e prestiti (CDP), Germany's Kreditanstalt fur Wiederaufbau (KfW) and Spain's Instituto de Credito Oficial (ICO), and the European Investment Bank.

The equity fund aims to act as a catalyst for infrastructure investments of new greenfield and expansion of existing brownfield projects across Europe. The fund will ensure continued support to key infrastructure investments in the renewables, energy, transport and digital sectors. The total commitments of the fund are in excess of EU700m. The fund has a 10-year fund life and intends to be fully invested in 5 years.

The Norton Rose Fulbright team included partners Pawel Bajno (corporate law, private equity), Grzegorz Dyczkowski (finance law), Manfred Dietrich (financial institutions, funds, private equity) and of counsel Nam Nguyen-Groza (finance law, private equity).