Global Infrastructure Partners (GIP), an independent global infrastructure investor, has completed fundraising for its second fund, GIP II.
Total investor commitments to GIP II are USD8.25bn giving GIP a total of over USD15bn in assets under management.
GIP invests in high quality infrastructure assets that provide essential services in the energy, transport and water/waste sectors. GIP’s investment approach combines specialist industry expertise with a focus on risk management and the application of advanced industrial management techniques to drive operational and service quality improvements in its portfolio companies.
GIP’s current portfolio includes Gatwick, London City and Edinburgh Airports in the UK, the Port of Brisbane in Australia, the Transitgas and Ruby natural gas pipelines in Switzerland and the US, and Access Midstream Partners, a New York Stock Exchange listed master limited partnership.
Adebayo Ogunlesi (pictured), chairman and managing partner of GIP, says: “We are extremely gratified by the confidence that our investors in GIP II have placed in us. We believe that the well documented need for infrastructure investment across the globe will provide a very attractive investment environment for GIP II. We look forward to the opportunity to continue to apply GIP’s differentiated model of value-added infrastructure asset management to generate attractive returns for our investors and create real value for all stakeholders.”
