Global Infrastructure Partners has closed its its second fund, GIP II, with $8.25 billion in commitments. The firm focuses on infrastructure deals in the energy, transport and water sectors. The firm’s current portfolio includes Gatwick, London City and Edinburgh Airports in the UK, and the Port of Brisbane in Australia.
Global Infrastructure Partners (GIP), a leading independent global infrastructure investor, announced today that it has completed fund raising for its second fund, GIP II. Total investor commitments to GIP II are US$8.25 billion. GIP now has over US$15 billion in assets under management.
GIP invests in high quality infrastructure assets that provide essential services in the energy, transport and water/waste sectors. GIP’s investment approach combines specialist industry expertise with a focus on risk management and the application of advanced industrial management techniques to drive operational and service quality improvements in its portfolio companies. GIP’s current portfolio includes Gatwick, London City and Edinburgh Airports in the UK, the Port of Brisbane in Australia, the Transitgas and Ruby natural gas pipelines in Switzerland and the US, and Access Midstream Partners, a New York Stock Exchange listed Master Limited Partnership. GIP’s 13 portfolio company investments have combined annual revenues of over US$4.5 billion and employ more than 12,000 people.
Adebayo Ogunlesi, Chairman and Managing Partner of GIP commented: “We are extremely gratified by the confidence that our investors in GIP II have placed in us. We believe that the well documented need for infrastructure investment across the globe will provide a very attractive investment environment for GIP II. We look forward to the opportunity to continue to apply GIP’s differentiated model of value-added infrastructure asset management to generate attractive returns for our investors and create real value for all stakeholders.”
About Global Infrastructure Partners
Global Infrastructure Partners (“GIP”) is an independent infrastructure fund manager that invests worldwide in infrastructure assets and businesses in both OECD and select emerging market countries. GIP targets investments in single assets and portfolios of assets and companies in power and utilities, natural resources infrastructure, air transport infrastructure, seaports, freight railroad, water distribution and treatment and waste management. GIP has offices in New York and London, with an affiliate in Sydney and portfolio operations headquarters in Stamford, Connecticut.