The new vehicle has been split into two sub-funds, with one reserved for those targeting higher returns.
The new vehicle’s portfolio includes 12 solar projects acquired from the $80m greenfield renewables fund the Japanese asset manager liquidated earlier this year.
The firm has topped the $3.5bn fundraising goal for its Macquarie Infrastructure Partners IV vehicle and has yet to hold final close.
The country’s investors have shown a growing interest in overseas assets, primarily in regulated utilities, renewables and PPPs, according to Truston Asset Management’s head of alternative investments.
The US manager - which has just clinched a US transportation deal - may increase the vehicle’s limit to $7.2bn, as it eyes a final close this quarter.
Managing partner Wim Blaasse tells us how the PPP veterans plan to attack a lumpy market at a time of heightened competition and why it’s a good time to be a seller in renewables.
The French manager beat its $500m target for its first dollar-denominated vehicle, targeting the energy and transport sectors, primarily in the US and Chile, but also in Canada and Mexico.
The Canadian fund manager has launched a ‘perpetual’ infrastructure fund to cater to investors looking for fixed-income alternatives.
The Indian fund manager will continue to raise a further $700m in the next 12 months, in a bid to reach its $1bn target.
The Paris-based private equity firm is helping to raise €200m for projects focusing on renewables, energy efficiency, water and waste management, and recycling.
In less than a year, the firm has raised twice the amount of capital its second infrastructure fund raised in total.
The Sydney-based private equity firm expects to reach a first close in the coming months on around $300 million.
The vehicle spent less than a year in market, drawing commitments from 40 institutions and several high-net-worth individuals.
The vehicle booked over £1bn in re-ups, with 40% of new commitments coming from Asian investors.
The vehicle, which was originally targeting €1.5bn, has already invested in seven assets, with a further two deals to be closed soon.