Infrastucture fundraising hit an all-time high in the third quarter of 2015 according to Inframation Group’s 3Q15 Infrastructure Fundraising review.
The two largest unlisted infrastructure funds ever raised, Global Infrastructure Partners (GIP) and Brookfield Infrastructure Partners, kicked off fundraising of USD15 billion and USD10 billion respectively. GIP’s fund is due to be launched formally in Q4 2015, with a target IRR of around 15 per cent.
Stonepeak return to the market in Q3 with the launch of Stonepeak Infrastructure Fund II, which has a fundraising target of USD 2.5 billion, while Goldman Sachs held the second close of its third dedicated infrastructure fund, the 15-year West Street Infrastructure Partners III, at USD1.57 billion.
Copenhagen Infrastructure Partners exceeding its fundraising target with a EUR2 billion (DKK 14.8 billion) final close of the Copenhagen Infrastructure Fund II. And Italian infrastructure fund manager F2i also held a close above target on EUR1.25 billion for its second infrastructure fund, F2i Fund II.
