Fundraising

The trading house and Mizuho Bank have already committed capital to the new vehicle, which has a target of ¥50bn and will invest in transport and energy infra assets overseas.

The new vehicle will be larger in size and broader in scope than re:cap global investors’ previous two funds.

A first close is expected in Q1 this year, with commitments from the AfDB, EIB and a South African pension fund.

The vehicle has a $1bn target and is a successor to the group’s debut vehicle which closed in June 2017.

With over $80bn raised for closed-ended funds, 2018 was the biggest fundraising year for the asset class. Find out all the details in our interactive report.

The asset management arm of Munich Re and ERGO Group has already collected €200m in a first close for the new fund.

The fund manager’s latest North America-focused vehicle is targeting 10-12 percent net IRRs and a yield of 4-6 percent.

The asset manager expects demand for data centres in China to be strong thanks to 5G and IoT technologies.

Emerging markets specialist Actis has delayed the first close of its inaugural infrastructure fund and lowered the target for the vehicle to $1.5 billion, a source familiar with the matter told Infrastructure Investor. The source said decreasing the fundraising target from $2 billion was done, in part, to allow for more co-investment opportunities, in which […]

Archmore Infrastructure Debt Platform II is almost double the size of its predecessor and is 20% invested.