InfraVia Capital Partners raises €2bn

The French investment firm closes fourth European fund at hard-cap.

InfraVia Capital Partners has sealed a €2 billion close on InfraVia European Fund IV at its €2 billion hard-cap, after it secured a 100 percent re-up, with 50 percent of the investors’ new LPs from the €1 billion InfraVia European Fund III. Fund IV intends to replicate the strategy of its predecessors, which has typically targeted 12 percent IRRs.

The firm’s fourth fund received investment from pension funds, insurance companies and funds of funds across Europe, the Middle East, North America and Asia.