DOWNLOAD: Q1-Q3 hints at record year for infra fundraising

The more than $81bn raised keep the first nine months of the year neck and neck with 2020 – the marquee funds in market raise the possibility of a Q4 blowout.

Click on the top right of the report to view full screen. 

Fundraising for unlisted, closed-end funds continues to perform strongly at the nine-month mark, holding out the possibility 2021 might become the biggest ever year for infrastructure fundraising, given the marquee funds that are still in market.

Our data shows $81.2 billion raised during Q1-Q3 2021, just slightly less than the $85.8 billion raised last year but significantly above the pre-pandemic $75.9 billion raised in 2019 – still the high-water mark of infrastructure fundraising, with about $129 billion amassed.

Importantly, the top five funds in market – including flagships from the likes of EQT, I Squared Capital and Stonepeak Infrastructure Partners – are seeking $56 billion. EQT has already raised north of $20 billion, recently stating it has stopped active fundraising for EQT Infrastructure V, with a final close expected in the fourth quarter of the year. Some of the other names on that top five list are also near to hitting their expected targets, holding out the possibility of a Q4 blowout.

For more insights, check out our interactive fundraising report above for the full breakdown of fundraising activity in Q1-Q3 2021. You can also download the report as a PDF here and download the data here.