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Alternative Market Briefing

RBC Global Infrastructure Fund raises over $850M
Monday, September 02, 2024

Bailey McCann, Opalesque New York:

RBC Global Asset Management Inc. has completed the second close for its latest infrastructure fund, raising over $850 million. The firm said more than 2100 Canadian investors have subscribed to the fund to date.

The second subscription followed the Fund's successful initial launch in May 2023, bringing total subscriptions to over $1.5 billion since its inception last year.

The fund provides qualified investors with access to an underlying portfolio of directly held infrastructure assets and also identifies co-investment partners to invest in core/core+ infrastructure assets diversified across sectors primarily focused in develop......................

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