Infravia to launch two new funds this year

The French infrastructure fund manager is planning two distinct vehicles – a €100m to €200m fund focusing on small, regional French PPPs and a mid-cap follow up to their nearly invested, €200m debut European infrastructure fund.

OFI Infravia, the French infrastructure fund manager, is gearing up for a busy 2012 with two new infrastructure vehicles set to come to market this year.

The first initiative, to be launched during the first quarter of the year, is set to be a €100 million to €200 million French infrastructure fund, focusing on small regional public-private partnership (PPP) projects. Infravia is teaming up with French firms Compagnie Benjamin de Rothschild and NGE, with whom it recently partnered for the €230 million A150 highway PPP.

However, with its first European infrastructure vehicle close to being fully invested, Infravia is also planning to launch a successor European fund this year. The fund is targeting a mid-cap fundraising and will seek to tap foreign LPs.

Infravia launched its debut infrastructure fund in 2008 and positions itself as a long-term investor in infrastructure, targeting investments across transportation, utilities, energy, telecoms and social infrastructure. Its geographical remit is the 17 countries comprising the Eurozone.