Home Fundraising

Fundraising

Whitehelm and APG hold €250m first close on world’s first smart cities fund

The two firms say they ‘will be blazing some trails’, with the sub-sector set to become a ‘bigger part of the infrastructure market’.

Texas ERS targets $450m of infra investments next year

The Employees Retirement System of Texas plans to nearly double the current size of its infrastructure portfolio in the upcoming fiscal year with a view to growing it to $2.62 billion by 2023. The pension fund – the infrastructure portfolio of which had a net asset value of $571.2 million as at 30 September, accounting […]

Swiss pension pool increases infra fund to more than $780m

IST3 Infrastruktur Global has now made 18 investments since its launch four years ago, including both direct and fund deployments.

F2i closes innovative third fund on €3.6bn hard-cap

The close comes after a ‘strict and intellectually rigorous process’ to roll over assets from the Italian group’s first fund, chief investment officer Carlo Michelini tells us.

Dai-ichi Life backs new infra debt fund with $176m commitment

AMOAI, the new entity resulting from Asset Management One’s acquisition of Mizuho Global Alternative Investments, is targeting close to $900m for the new vehicle.

Meridiam to seek €300m with reopening of Africa fund – exclusive

Plans to expand the LP base to more institutional capital beyond the current DFIs would bring the fund to just over €500m.

Apollo plans infra fundraising after $1bn deal with GE

New York-based Apollo Global Management plans to use a recent $1 billion deal with General Electric as the foundation for a dedicated infrastructure strategy, its executives said during a recent earnings call. Apollo co-president Scott Kleinman called the recent acquisition of power and midstream assets from GE Capital, the US company’s investment arm, an “attractive […]

Antin targets up to €6bn for fourth vehicle

Fund IV will pursue a broadly similar strategy to that of its predecessors, focusing on Europe but also investing outside the region on an opportunistic basis.

OP&F backs US-focused Axium fund with $125m

Montreal-based fund manager Axium Infrastructure received a $125 million commitment to its US-focused vehicle from the Ohio Police and Fire Pension Fund. OP&F is expanding its $283 million real assets portfolio with the commitment to Axium Infrastructure US Fund, which the firm will use to invest in energy, transportation and social infrastructure assets, according to […]

NMSIC backs BlackRock’s third energy and power fund with $100m

The New Mexico State Investment Council has approved a $100 million commitment to BlackRock’s Global Energy and Power Infrastructure Fund III, according to a spokesman for the state endowment. Documents from NMSIC’s board meeting this week show GEPIF III had raised $2.1 billion before the endowment’s commitment. The fund is a continuation of an energy […]

Copyright PEI Media

Not for publication, email or dissemination