Final commitments to the firm’s latest energy fund will put the fundraising total above a $4bn target and at or near its hard-cap.
The fund will focus on projects in Japan, South Korea and Taiwan to capitalise on feed-in tariffs and the countries’ decarbonisation targets.
The fund, which had raised about €7.5bn at the end of 2020, will continue raising towards its €15bn hard-cap.
The Schroder Euro Enhanced Infrastructure Debt Fund II was launched last year, reaching a €312m first close in July.
Infra Debt 20 theme 2021
Our ranking of the world's largest credit GPs show they have raised $108bn from third-party LPs over the last five years.
The manager is almost halfway to its €450m target, having raised €336m for its first infrastructure co-investment vehicle in late 2018.
Andera, which is seeking up to €200m for the debut fund, has acquired Zaist Capital to lead the vehicle, less than six months after the group’s formation.
The follow-up vehicle comes at a time when Fund I is 80% invested, with the firm’s AUM, including co-investments, totalling some €1.7bn.
wastewater treatment
The Swiss-based firm has raised more capital for its current investment vehicle than any prior infrastructure fund it’s managed.
Bruce Flatt
The listed giant's private equity and infrastructure groups are expected to launch follow-up flagship vintages in the next 12 months, according to Bruce Flatt.
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