Altamar Capital Partners has raised €430 million ($519 million) at the final close of its Altamar Infrastructure Income II FCR fund, exceeding the equity fundraising target of €350 million ($423 million).
Altamar said the fund’s investor base was spread across Latin America, Spain and other European countries and consisted of institutional investors, family offices and private banking clients. A number of the institutional clients that invested in the second infrastructure fund were returning investors from the first fund.
Many of the assets within the Altamar Infrastructure Income II FCR Fund hail from the telecommunications, energy transition and social infrastructure sectors. The fund’s strategy is focused primarily on brownfield assets, OECD geographies (predominantly Europe and North America) and operations.
