Antin Infrastructure Partners has completed its second closing with an additional EUR215m.
Antin IP has raised total commitments of EUR515m, more than half of the fund’s target, from Scandinavian, German and French investors.
Alain Rauscher (pictured), Antin IP’s founder and chief executive, says: “This achievement is the result of clear independent governance, a unique mix of financial and industrial expertise combined with a focused investment strategy on the Eurozone.”
Antin IP has already invested in four companies for an aggregate commitment of EUR240m: Euroports, a portfolio of bulk ports in continental Europe (Luxembourg- based) ; Porterbrook, a rail company in the UK ; Bina Istra, a motorway in Croatia; and Pisto, an energy midstream business in France.
Antin IP expects a third close in the course of the first quarter of 2010. The target fund size will be maintained at EUR1bn.
Global Private Equity is the placement agent of the fund.
Antin Infrastructure Partners is BNP Paribas Investment Partners’ dedicated partner for managing infrastructure funds with a focus on investing in infrastructure assets in Continental Europe.
