Featured

On The Infrastructure Investor Podcast, Blackstone head of infrastructure Sean Klimczak talks about risks to data centre expansion, why the firm is keen on US utilities, the opportunity in Europe and more.

This latest fund follows the manager’s oversubscribed predecessor, which closed on €1.4bn in February 2024 – above its €1.2bn initial target.

The answer may not be straightforward, but the differences between the two asset classes are making clear what is driving infra debt’s growing popularity with investors.

A first close of about $2bn has also been reached for its Growth Markets Infrastructure Fund II, while a final close for its second credit fund is expected in the coming months.

The fundraise follows an attempted sale of Equis’s Asia-Pacific renewable energy platform last year.

The UAE-backed LP has been committing substantial amounts to infrastructure funds since its launch in 2023, but is seeking tangible results.

The fund has already reached the halfway point of its $3 billion target, approximately eight months after launch.

The Canadian manager’s sixth flagship is targeting a total of $30bn, with a first close expected in Q3.

Colonial First State’s A$370m commitment to Morrison’s Value Add Infrastructure Strategy II includes a co-investment sleeve – a point of emphasis for many superannuation funds.

The Toronto-based asset manager is two-thirds of the way towards its $1.5bn target less than six months since launching its fifth infra fund, Infrastructure Investor has learned.