This year’s II 50 ranking sees infrastructure’s elite managers raise almost $120bn more than last year to land at a whopping $496bn.
The ranking is based on the amount of infrastructure direct investment capital raised by firms between 1 January 2014 and 31 August 2019. Where two firms have raised the same amount of capital over this period, the higher rank goes to the one with the largest active pool of capital raised since 2014 (the biggest […]
The firm’s second infrastructure fund is targeting $1bn and has acquired a business aviation provider and a water infrastructure company servicing the midstream sector.
The organisation will also consider co-investing an additional $50m alongside the fund on a deal-by-deal basis.
The Sydney-based fund manager said that it believed its Infrastructure Debt Fund IV was the largest-ever fundraise for a mezzanine debt strategy.
The $49.5bn raised during the first nine months of the year paves the way for a bumper Q4, featuring final closes for Brookfield and GIP's mega-funds.
Commitments from two SWFs totalling around $1bn should help drive the record-breaking close above the fund's original $20bn hard-cap.
Clean Energy Finance Corporation says that investors are ‘more aware than ever’ of the need to take action on energy efficiency and reducing carbon emissions.
The investment manager has raised $235m for a global real assets fund, 10% of which will be invested via secondaries.
GIP closed the largest-ever unlisted infrastructure vehicle on $15.8bn, thus foreshadowing the following year’s record fundraising.
The relatively lacklustre $49.5bn raised through the end of the third quarter is set to be overshadowed by the $40bn raised by GIP and Brookfield's latest flagships, putting 2019 on course to be a major fundraising year.
The firm’s European infra fund is its first attempt at raising third-party institutional capital for an infrastructure equity strategy.
Blackstone’s modest $200m first close in 2010 was vastly overshadowed by the $14bn it raised for its relaunched vehicle in 2019. Now KKR, Carlyle and Apollo are also eyeing the asset class hungrily.
The investment firm has been moving towards this moment since acquiring GE Capital’s energy finance business and hiring an infrastructure debt specialist from Deutsche Bank.
The move comes less than two weeks after the French fund manager announced its switch to a Benefit Corporation.