Antin Infrastructure Fund V Nears €10B Target

Antin Infrastructure Partners has raised €9.8B (~$10.64B) against a target of €10B (~$10.86B) for the fifth generation of its flagship infrastructure fund series, as of the end of the third quarter, and expects to make a final close by the end of 2024.

The infrastructure-focused private equity firm disclosed in a regulatory news release published October 30 that fundraising in the third quarter amounted to €400M (~$434M), bringing the total fundraising amount over the past year for the 2022 vintage fund to €1.3B (~$1.41B). Antin said the fund should be 54% larger than its predecessor fund, assuming it reaches its €10B target, and is currently approximately 38% committed, again based on the intended fundraise target.

The Paris-based firm said Fund V continues to build its portfolio and it made three investments across its flagship program in the last 12 months: Consilium Safety, Portakabin, and Proxima. Antin holds €32B in assets under management across its flagship, mid-cap and “NextGen” strategies.

View the press release here.