Independent European infrastructure fund manager Arjun Infrastructure Partners has held the final close of its Infrastructure Alliance Europe 2 fund with total capital commitments of €1.1bn, with an additional €300m allocated to its co-investment programme.
Arjun received commitments from its existing, long-term institutional investor base in Europe as well as substantial investor interest in both fund and co-investment opportunities from North America.
Launched in 2022 as a successor to the €1bn Infrastructure Alliance Europe 1 fund, IAE-2 adopts a mid-market investment strategy focusing on long-term asset management of core and core-plus infrastructure assets across Europe. The fund spans Arjun’s sector specialisms, which include renewables, digital, transport and utilities, with the aim of delivering inflation-protected returns over the long-term through control and co-control positions.
The fund is classified as Article 8 under SFDR, ensuring that its investment strategy aligns with the UN Sustainable Development Goals and supports efforts toward achieving Net Zero by 2050.
IAE-2 has already invested a significant proportion of its commitments in a portfolio of assets through a series of bilateral transactions.
