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Laxman Pai, Opalesque Asia: The fifth-largest infrastructure manager in the world EQT has raised €15.7bn ($18.2 billion) for its latest global infrastructure fund.
The Swedish Investment firm said in a press release that the fundraising for the EQT Infrastructure V fund, which had a €15bn hard cap target, resulted in a 99% re-up rate from the predecessor fund based on committed capital and 68% based on the number of investors.
Investors in the fund include the $21.5 billion Orange County Employees Retirement System, Santa Ana, Calif., which committed $75 million; and the $23.7 billion Montana Board of Investments, Helena, which committed $50 million.
Lennart Blecher, Head of Real Assets' Advisory Teams and Deputy Managing Partner, said, "We see the successful fundraising as a testimony to EQT's purpose-driven and thematic approach to infrastructure investing. Looking ahead, we have a strong pipeline of interesting opportunities within energy transition and decarbonization, digital, environmental, and social infrastructure on both sides of the Atlantic, as well as the potential for select investments in Asia-Pacific."
The fund is focused on the energy, transport, and logistics sectors, as well as environmental, digital, and social infrastructure.
Christian Sinding, CEO and Managing Partner, added, "EQT Infrastructure has over the years evolved into a truly global platform that is actively developing mission-critical infrastructure assets that ?€??€?provid...................... To view our full article Click here
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