After a record-breaking 2017, this year is also starting strongly, with more than $38bn raised during the first six months. The good news? There are still plenty of large closes to look forward to in H2.
The new vehicle is targeted at Danish investors just below the ranks of the country’s large pension schemes and is backed by Sampension as liquidity provider.
EQT's head of US infrastructure Alex Darden talks about the fund manager's methodical approach, deep sector expertise and working with the 'right people' to capitalize on its investments.
The firm has already started investing capital from Fund III, after bumping up its hard-cap to accommodate last-minute commitments.
With 60% of GIO II already invested, the insurance group is looking to fully deploy the vehicle within the next year and build a portfolio of 10 to 12 assets.
The fund has already invested €117m across seven assets and received significant backing from Finnish investors.
The Global Energy and Power Infrastructure Fund III has a $3.5bn target and is the first launched by the former First Reserve team following its acquisition.
Having deployed roughly 75% of its maiden fund, the UK-based mid-market asset manager has returned to the market, seeking €600m for its sophomore vehicle.
The firm expects its third infrastructure vehicle to raise about $7bn later this year, boosting management fees from the asset class by $80m.
The new offering has raised €1bn more than its initial target, with the next round of fundraising expected later this year or early next, EMEA head Leigh Harrison tells Infrastructure Investor.
The ‘pure play’ energy infrastructure vehicle, which is also backed by EDF, has secured 15 investors including the European Investment Bank and Crédit Agricole Assurances.
This is the second best first-half performance since 2012, with an extra $9bn raised compared with last year – discounting GIP III – as fund sizes continue to grow.
The John Hancock Infrastructure Fund will allow the Canadian insurance giant to 'invest in larger sizes and an even larger amount of the transactio'.
The country’s insurance companies and banks make ‘successful’ $90m issuance, which will finance Energy Development Corporation’s capex programme.
The first fund of this type has invested mainly in BB and BBB- rated loans for projects in the US and Europe.