staging
Chinaโ€™s Ping An Securities is helping the fund manager find anchor investors in Hong Kong and on the mainland.
RGreen Investโ€™s Infragreen III fund is already 75% invested following its โ‚ฌ307m closing.
Almost 50% of the LPs came from Asia and the Middle East, with Ardianโ€™s head of infrastructure โ€˜surprisedโ€™ at the โ‚ฌ12bn demand for new European fund
German autobahn near Munich
The vehicle, which is ACPโ€™s first since its January 2018 merger with Allianz Global Investors, will invest in European infrastructure.
EQT Partners has held the final close on its fourth infrastructure fund after collecting โ‚ฌ9 billion in commitments during six months of fundraising. The Swedish firm announced on 12 March that its EQT Infrastructure IV had exceeded its โ‚ฌ7.5 billion fundraising target after launching last September. EQT has already invested 10 percent of the fund [โ€ฆ]
The London-based firm said it has secured commitments from institutions in the UK, US and Australia and has made seven fund investments to date.
The fund, currently sitting at around โ‚ฌ6bn, lacks an official hard-cap, but has received market demand for as much as โ‚ฌ12bn.
Following the success of its sterling-denominated fund that has raised ยฃ1bn to date, the London-based firm is launching a similar vehicle that will be available to the broader European market.
The proceeds from the listing on the London Stock Exchange are expected to be deployed within six months, as the fund manager bids to diversify UK-based renewables-focused capital.
The Swedish manager is at the early stages of planning the fund, which could raise up to โ‚ฌ1bn.
A private passenger rail operator is seeking $5 million from investors through an ongoing Series A fundraising round to help launch services in a busy New England commuter corridor next year. Boston Surface Railroad Company is on pace to open the first leg of a passenger rail line that will connect Worcester, Massachusetts and Providence, [โ€ฆ]
EQT made the last investment from its โ‚ฌ4 billion third infrastructure fund in a US midstream business. The news comes as its fourth fundraise, targeting as much as โ‚ฌ9 billion, looks to wrap up in the next couple of months, a source familiar with the matter said. Kodiak Gas Services, a Houston-based midstream company, is [โ€ฆ]
Brookfield Asset Management is offering investors additional exposure to renewable energy assets through a โ€œsleeveโ€ it has included in its fourth flagship infrastructure fund that will be dedicated to the sector, the firm said during an earnings call. Bruce Flatt, chief executive of the $350 billion asset manager, said the new product offering, which coincides [โ€ฆ]
Our interactive presentation goes behind the data making up our inaugural debt ranking, breaks down capital raised by funds and SMAs and more.
The private equity and infrastructure manager has already held discussions with โ€˜investors from all walks of lifeโ€™, partner George Ridd tells us.
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