Antin Infrastructure Partners has reached its final closing at EUR1.1bn, exceeding its EUR1bn target.
Alain Rauscher, chief executive officer and managing partner, says: “The fundraising was initiated at the beginning of 2009, in an extremely difficult market. We were, however, able to attract some high quality investors early on, which paved the road for the success of our placement. Our success is based on the diversity of the team, the quality of the current investments, a focus on the Eurozone and an independent governance.”
The fund is a ten year closed end fund, focussed on brownfield, non-listed assets located in the Eurozone, and aims at delivering target yields of five per cent and target internal rate of returns of 15 per cent.
Antin Infrastructure Partners has already made four investments for an aggregate amount of EUR240m: Euroports, Porterbrook, Pisto and Bina Istra.