Return to search

Infracapital Partners closes Fund II on 1 bln pounds

Infracapital Partners has closed its second fund on 1 billion pounds to invest in core infrastructure assets across Europe. Co-investment pledges takes total capital for investment to more than 1.3 billion pounds. Atlantic-Pacific Capital worked as placement agent on the fundraising.

Press Release

Atlantic-Pacific Capital, the largest privately-owned global placement agent and advisory firm, is pleased to announce the final closing of Infracapital Partners II (the “Fund”) with £1.0 / $1.6 billion of commitments. Co-investment pledges take the total investable funds to over £1.3 billion. As with its predecessor, Infracapital Partners LP, the Fund’s strategy is to invest in, and actively manage, core infrastructure assets across Europe. The fundraising, which exceeded its initial target, received strong backing from existing investors and welcomed a number of new investors from across Europe, North America and Asia. The offering appealed to a mix of pension funds, asset management organizations and insurance companies. Atlantic-Pacific Capital served as the exclusive global placement agent for the Fund.

Participating in the infrastructure sector since 2002, Infracapital is a leading European infrastructure investor with over 30 businesses operating across the utilities, transport, communications, renewables and social infrastructure sub-sectors. Infracapital is a division of M&G Limited, the European investment management arm of Prudential plc. As a long-term owner of assets, Infracapital aims to create value through both its origination and operational capabilities.

Tanguy Cotton, Managing Partner at Atlantic-Pacific, said, “We congratulate the Infracapital team on the successful capital raising campaign. Richard Awbery, Partner at Atlantic-Pacific, added, “Investors appreciated Infracapital’s differentiated business model that seeks to garner strong returns while significantly isolating downside risks, and the ability to generate current yield.”

Martin Lennon, Co-Founder and Head of Infracapital, said “We are pleased to have achieved the final close amount in excess of our target and I want to thank our investors for their support. We will continue to work tirelessly to deliver strong yields and attractive overall returns.” Ed Clarke, Co-Founder and Director of Infracapital, added: “Atlantic-Pacific’s strong global relationship network was evident by the number of quality investors they were able to introduce us to. We would like to thank them for all their hard work in helping us reach this final close.”

* * * * *
About Atlantic-Pacific Capital (www.apcap.com), Member FINRA and SIPC
Atlantic-Pacific Capital is the largest privately-owned global placement agent and advisory firm dedicated to raising capital for alternative investments. Since its founding in 1995, the firm has executed more than 80 capital raising assignments aggregating over $60 billion for an extraordinary group of alternative asset managers. Typical mandates include private equity, real estate, real assets, natural resources and infrastructure fund placements. Atlantic-Pacific uniquely provides global marketing distribution and project management execution using a focused and customized approach. With experienced professionals located in eight offices in the United State, London and Hong Kong, Atlantic-Pacific maintains a global network of trusted relationships with influential institutional investors.

About Infracapital (http://www.infracapital.co.uk)
Infracapital is a leading European infrastructure investor, managed by M&G Investment Management, the UK and European investment management arm of Prudential plc. Infracapital has over £2.1 billion funds under management across three funds, Innisfree M&G PPP fund, Infracapital Partners LP and Infracapital Partners II. Infracapital’s approach to investment offers long-term value through the acquisition and active management of a diversified portfolio of core European infrastructure assets. Target sectors include utilities, essential transportation, renewables and communications infrastructure.