AMP Capital has raised $6.2 billion for its fourth infrastructure debt strategy, which includes the final close of the AMP Capital Infrastructure Debt Fund IV (IDF IV), co-investment rights and separately managed account commitments.
IDF IV received $4 billion in capital commitments, surpassing its $3.5 billion target. An additional $1 billion was secured in co-investment rights, in addition to $1.2 billion more from investors.
IDF IV is AMP Capital’s largest closed-end fund ever and is believed to be the largest fundraise in the world for an infrastructure mezzanine debt strategy. It follows the firm’s $4.1 billion fundraise for its series predecessor, Infrastructure Debt Fund III, which collected $2.5 billion in commitments, along with an additional $1.6 billion in co-investment in 2017.
According to Andrew Jones, global head of infrastructure debt at AMP Capital, 86 investors from 14 countries committed to the firm’s fourth infrastructure debt strategy,
