Fundraising for the Antin Infrastructure Partners II fund was completed in less than a year and exceeded the initial target of €1.5 billion.
The fund has a total of 60 investors from institutions in Europe, North America, Asia and Australia, including pension funds, insurers, asset managers and sovereign wealth funds.
It follows the same investment strategy as its first fund which involves securing controlling stakes in European infrastructure companies.
Antin Infrastructure Partners said it has established through its first fund a balanced and diversified portfolio of nine companies across the three target sectors of energy, transport and telecoms.
Antin Infrastructure Partners chief executive Alain Rauscher said the amount of capital raised demonstrates that the investment strategy used by the fund is independent and differentiated and that investors also consider European infrastructure an opportunity to create value.
“This new fund will allow us to continue to capture investment opportunities in infrastructure across Europe,” said Mr Rauscher.
Antin Infrastructure Partners' Mark Crosbie said the company was pleased to see significant reinvestment from existing investors with the re-investment rate in excess of 70 per cent.
“We are also pleased we have attracted a large number of new LPs from across the world,” he said.
“It was clear that our focus on both active value creation and consistent generation of a strong cash yield generation were key attractions for investors in the fund.”
