Partners Group’s collected €2.2 billion for its Direct Infrastructure 2016 fund in February, alongside a further €800 million for separate accounts and other infrastructure vehicles.
The vehicle will deploy $15m-$40m per transaction.
The Austrian outfit has secured a first close of €190m from five investors, the proceeds of which have already been invested.
With 2019 threatening to crack the $100bn mark, we take a look at how the market will change and what could spoil the party.
The infrastructure debt manager aims to complete fundraising for its $3bn vehicle by the end of 2018 with a mixture of existing and new clients from Australia and overseas on board.
The investment – which does not give Landmark an ownership stake – will allow Stonepeak to expand its credit business.
The Japanese asset management firm is initially investing $890,000 in the greenfield Mirai Renewable Energy Fund, targeting a final close by March 2019 on $267m.
The Singaporean state investment company will invest in the state-backed vehicle’s Master Fund and become a shareholder in its investment management company.
The fund has made seven investments, excluding a $1.9bn move for JLIF, after roughly 18 months on the road.
The French firm achieved a 100% re-up rate amid growing investor appetite, particularly from North America and Asia.
The firm’s third vehicle is nearly two-and-a-half times larger than its $3.1bn predecessor, which was raised in 2015, and has secured two deals to date.
The fund is seeking up to €500m, €50m more than its predecessor, which closed in 2014 and is performing above target.
The fund manager attracted more than double the number of LPs that had invested in its debut vehicle, while Fund II had a re-up rate of more than 80%.
The vehicle has secured 65 investments to date and is a successor to a €240m vintage launched in 2010.
Investors seeking greater exposure to data, IT and specialised fund managers contributed to SDC’s success, firm’s placement agent says.