Antin: raises over E10bn via V fund
(CercleFinance.com) - Antin Infrastructure Partners has announced that its Fund V has raised E10.
2bn, exceeding its initial target of E10bn.
This is one of the largest funds ever raised by a French-based investment company for direct investments, it says.
The fund, which will be the world's largest infrastructure fund by 2024, marks an increase of over 50% on Fund IV.
Despite a challenging environment, the fundraising is supported by a reinvestment rate of over 90% and an expanded investor base of 230 participants.
The geographically diversified fund recorded strong growth in commitments in North America, Latin America, Asia-Pacific and the Middle East, while maintaining Europe's lead in institutional contributions.
Already active, it has invested 40% of its funds in five companies, including Blue Elephant Energy and Opdenergy.
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