Mon, Dec 5, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Buyout group I Squared Capital racks up $15bn for third infrastructure fund

Friday, April 08, 2022

Laxman Pai, Opalesque Asia:

I Squared Capital, the infrastructure investor is eyeing the liquefied natural gas sector, has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion.

Fund III is more than double the capital raised by its predecessor fund, which closed at $7 billion in September 2018.

Including commitments from I Squared Capital and a dedicated co-investment vehicle, the fund has $15.5 billion in investable capital, said the company. It has received capital commitments from over 200 institutional investors, including public and private pensions, sovereign funds, insurance companies, asset managers, and family offices in 27 countries.

Investors in the fund include the New York State Common Retirement Fund, Albany; Border to Coast Pensions Partnership, Leeds, England; Connecticut Retirement Plans & Trust Funds, HartfordArkansas Teacher Retirement System, Little Rock; North Dakota State Investment Board, Bismarck, which oversees a Legacy Trust Fund, pension assets pool and insurance trust; Baltimore City Fire & Police Employees' Retirement System; Fairfax County Educational Employees' Supplementary Retirement System, Springfield, Va.; and Merced County (Calif.) Employees' Retirement Association.

Gautam Bhandari, Managing Partner of I Squared Capital: "ISQ Global Infrastructure Fund III's objective of investing private capital to build infrastructure assets that address the cr......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Marks delves into what really matters[more]

    B. G., Opalesque Geneva: Howard Marks, co-founder and co-chairman of Oaktree Capital Management, weighs what should and should not matter for investors in his latest memo last week. Among the things t

  2. Legal: British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m, DOL slams lawsuit seeking to overturn crypto guidance[more]

    British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m From Offshore Alert: Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million o

  3. Family offices upbeat on private assets, reduce public assets exposure[more]

    Laxman Pai, Opalesque Asia: Family offices are investing more in private assets and cutting back on investments in public markets, with higher risk-adjusted returns cited as the main driver, said a study. According to the survey findings by German digital private equity firm Moonfare, and the

  4. Opalesque Exclusive: A Swiss managed futures strategy that can offer diversification to any portfolio[more]

    B. G., Opalesque Geneva for New Managers: TARO (R) Diversified is a Swiss algorithmic and systematic investment strategy that offers diversification benefits to almost any professionally managed portfolio through it

  5. Alts manager Medalist Partners acquires a minority stake in Semper Capital to tap opportunities in structured credit[more]

    Laxman Pai, Opalesque Asia: Medalist Partners, which specializes in private credit, has acquired a minority stake in Semper Capital to extend its offerings to the mass market. Medalist currently manages approximately $2.2 billion in assets across strategies in asset-based private credit, struc