Fund name: Quaero European Infrastructure Fund II
Amount raised: €600 million
Target size: €500 million
Hard-cap: €600 million
Stage of fundraising: Final close
Final close date: January 2021
Predecessor fund: Quaero European Infrastructure Fund I (€275 million)
The fund’s strategy is to finance equity in greenfield and brownfield infrastructure projects in Europe. The fund targets project finance assets, notably assets with development and growth requirements. It deploys a multi-sectoral approach, investing in energy, telecoms, water and environment projects, social infrastructure, transport and utilities.