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Laxman Pai, Opalesque Asia:

Arcus Infrastructure Partners has received €1.61bn ($1.74bn) in capital commitments for its third fund Arcus European Infrastructure Fund 3 (AEIF3), exceeding its original target by more than 7%.

The infrastructure investor said in a press release that AEIF3 has already made majority investments in four European mid-market infrastructure assets.

"All four businesses are underpinned by strong fundamentals, diverse end customers, inflation linkage, and strong long-term growth potential. The total invested to date across the four businesses is c. €680m, or 40% of committed capital," the release said.

The fundraising attracted commitments from high-profile and sophisticated institutional investors in Europe, the UK, North America, the Middle East, and Asia, including a significant number of investors that have invested with Arcus since its inception.

Ian Harding, Managing Partner, said: "The closing of AEIF3 above target, and 30% above our last fund size, is a testament to not only the hard work of the Arcus team but the strength and consistency of the Arcus strategy. We're very grateful to our investors for taking the time to understand our vision and our patient and disciplined approach to investing in and managing infrastructure assets."

"The four assets currently in the portfolio are a demonstration of Arcus' ability to bilaterally source sustainable businesses with strong infrastructure characteristics and long-term ......................

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