FUNDRAISING NEWS | December 19, 2024
Antin Infrastructure Partners closed its fifth flagship fund with capital commitments of €10.2B (~$10.6B), marking what the firm believes to be the largest infrastructure fundraise for any fund in the sub-asset class in 2024.
The French infrastructure investment firm's Flagship Fund V surpassed both its own target of €10B (~$10.4B) and its predecessor fund, which closed at €6.5B (~$6.8B) in 2020.
Fund V will target value-add infrastructure investment opportunities in Europe and North America, particularly in the energy and environment, digital, transport and social infrastructure sectors. As of December 19, it is already 40% deployed, with investments in Blue Elephant Energy, Consilium Safety, Opdenergy, Portakabin and Proxim.
The latest fund generated support from more than 120 existing and new investors. Antin said commitments to the fund from North America, Asia Pacific, the Middle East and Latin America significantly grew. Evercore Private Funds Group served as the global placement agent for the fundraising, while Kirkland & Ellis served as Antin's legal advisor.
