Chart of the Week: Q3 2014 Infrastructure Fundraising by Region

Funds that have a focus on global and North America continue to be the most and second preferred option

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Over the past three quarters, a total of $43.4 billion was secured by unlisted infrastructure fund managers and $21.4 billion of it was raised in the third quarter. Funds that have a focus on global and North America continue to be the most and second preferred option, accounting for 51 percent and 35 percent of capital raised respectively. 

 

When we examined funds that have not held final closing, we noticed global funds and North America-focused funds constitute the largest segment in terms of number of funds in the market. As at Q3 2014, 47 out of 211 funds in market would invest globally, targeting $46.3 billion and raising $8.6 billion; and 46 funds in market target North America, raising 12.8 billion and exceeding a combined target size of 9.7 billion. It suggests more successful fund closing for global and North America are coming. 

 

No final closing was witnessed for funds targeting Asia-Pacific, Central & Eastern Europe or Latin America in Q3 2014. Although only $0.2 billion has been raised for Asia-Pacific in 2014  as at Q3 2014, Asia-Pacific is the second most popular destination in terms of combined target size of funds in market, targeting $28.1 billion and raising $4.1 billion. IL&FS Infrastructure Debt Fund (IDF), targeting $5 billion, is the largest fund in market.