OFI InfraVia’s European Fund II, the firm’s second European focused infrastructure fund, has raised EUR150m from French and European institutional investors in a first closing of the fund.
InfraVia II is managed by Paris-based manager OFI InfraVia and is the successor fund of InfraVia, which was established in 2008 and is now fully invested.
OFI InfraVia focuses primarily on “core” brownfield infrastructure assets that are located in Europe. It considers opportunities across a broad spectrum of infrastructure opportunities including in the transportation, energy, social infrastructure, utilities and communications sectors. The manager has a particular focus on the mid-market in Continental Europe.
"The first closing of InfraVia European Fund II represents a significant milestone for our platform. We are encouraged by the confidence of our investors in our market positioning and our investment strategy," says Vincent Levita, president of OFI InfraVia. "We believe that European mid-market offers interesting investment opportunities in real infrastructure assets, having a positive impact on communities they are servicing while at the same time offering to our investors a compelling combination of attractive returns including a significant current yield, along with a degree of protection from inflation."
