Data sourced from Joe, the private fund performance platform powered by Dakota. Learn More | Request Access
Joe, powered by Dakota, tracks performance across 16,000+ private funds spanning private equity, venture capital, private credit, and real assets, helping LPs and GPs benchmark returns across vintages and evaluate manager consistency. With verified performance data, detailed GP profiles, and portfolio-level insights, Joe helps investors quickly identify the managers and strategies that matter most.
This post highlights the top performing 2018 vintage real assets infrastructure funds in Joe's dataset, based on verified return reporting.
2018 Vintage Standout Funds
Global Infrastructure Partners III
One of the largest infrastructure equity funds ever raised at the time of its vintage, this Global Infrastructure Partners vehicle employs an industry-focused investment approach targeting large-scale, complex assets across the energy, transport, digital infrastructure, and water and waste management sectors globally. The strategy relies on proprietary deal origination, deep operational expertise through a dedicated Business Improvement Team, and a disciplined focus on sectors where the firm's decades of relationships and experience provide a competitive sourcing advantage. GIP was subsequently acquired by BlackRock in 2024, cementing the platform's position as one of the world's leading infrastructure managers.
See complete performance data
Ardian Infrastructure Fund V
A flagship European infrastructure strategy from one of the continent's most established infrastructure managers, this Ardian vehicle focuses on essential, asset-intensive companies across three core verticals: energy, transport, and digital infrastructure. The fund applies a disciplined industrial approach to value creation, emphasizing operational improvement over market cycles and working closely with portfolio companies and public stakeholders to upgrade and digitize critical assets. The strategy attracted investors from across Europe, North America, Asia, and the Middle East, reflecting the depth of institutional confidence in Ardian's two-decade track record in the asset class.
Access fund details in Joe
Ancala Infrastructure Fund II
A mid-market European infrastructure strategy from London-based Ancala Partners, this fund focuses on acquiring operational infrastructure businesses in sectors including energy, transport, utilities, and digital connectivity across Europe. The strategy is built around proactive sourcing of bilateral investment opportunities and a hands-on approach to asset management, supported by a network of industry partners who are former senior operators of major infrastructure businesses. Ancala's investment philosophy centers on finding companies that have historically been underserved by prior owners, creating tangible opportunities to improve operations, grow revenues, and execute targeted buy-and-build strategies.
Explore this fund in Joe
Temporis Aurora Fund
Ireland's first dedicated renewable energy development equity partnership, this Temporis Capital vehicle was established in 2018 with a mission-driven mandate to develop new renewable energy projects in support of Ireland's decarbonization targets. The strategy focuses on building development platforms across onshore wind, offshore wind, and solar, partnering with developers and utilities to bring pre-construction projects through to operational readiness. Backed by the Ireland Strategic Investment Fund and a group of institutional investors from the EU, UK, and US, the fund reflects a targeted approach to impact-oriented infrastructure investing in the energy transition.
See complete performance data
SL Capital Infrastructure Fund II
A core European infrastructure strategy managed by Aberdeen Standard Investments through the SL Capital infrastructure platform, this fund targets direct investments in mid-market operational infrastructure assets across the UK and continental Europe. The strategy focuses on assets in the utilities, transport, and energy sectors that operate within established regulatory frameworks or generate long-term, predictable, inflation-linked cash flows. Portfolio investments have spanned solar farms in Poland, rail rolling stock in the UK, district heating assets in Finland, and energy storage facilities across Germany and Belgium, reflecting a diversified and income-oriented approach to core infrastructure.
View full profile inside Joe
Uncover Real Assets Infrastructure Market Intelligence with Joe, Powered by Dakota
Joe gives investment firms direct visibility into the real assets infrastructure fund universe, including:
- Fund-level data on vintage year, strategy, geography, and sponsor
- Coverage of core, core-plus, and value-add infrastructure managers
- Allocator profiles tracking commitments to energy, transport, digital, and utilities strategies
- Filters by AUM, fund size, target return, and sector focus
Real-time updates on fundraising activity and capital flows
Request access to Joe to see the full data set.
