Firm raises more than €2.5bn for its fourth vintage as it heads towards target of about €5bn-€6bn.
A fifth vehicle, which could secure commitments of about €1bn, may follow before the end of the year.
A preference for debt products among Chinese investors has forced the private equity firm to reduce the target size of its debut infra fund from $1bn to $600m.
The market has already reached 22.3% of last year’s total through just six funds raised.
The Tokyo-based asset manager has already approved the deployment of ¥11bn in renewables and downstream energy projects in Europe and South America.
MM Capital Partners failed to reach its first close target of ¥30bn for its maiden infrastructure fund due to some investors demanding more seed assets before committing capital.
Infrastructure Investor has learned that AVAIO Capital launched its inaugural infrastructure fund last month and is targeting $1 billion in commitments from institutional investors. According to a source familiar with the matter, partners in the New York-based firm – including Mark McComiskey and Anthony Gordon, who spun AVAIO out of engineering giant AECOM – are pitching […]
MEIF6 is thought to have agreed to purchase a geothermal power company in Iceland in what would be its first deal.
Frankfurt-based asset manager has already secured three seed investments in Norway and Sweden totalling more than 600MW of capacity.
Investment bank aims to raise capital from public and private Chinese corporates and funds of funds, but does not rule out foreign participation.
Diversified Infrastructure Trust to return to the market for funds after increasing its student accommodation portfolio to more than 5,000 beds.
The €519m initial close for Asterion Industrial Partners’ debut vehicle comes as fellow alumnus Guido Mitrani prepares to join firm in the coming weeks.
The fund launched in 2015 is now €246m above its original target size, after falling short by €93m in the first fundraising round.
The fund is looking to make 10 to 20 investments over a four-year investment period.
China’s Ping An Securities is helping the fund manager find anchor investors in Hong Kong and on the mainland.