AMP Capital has closed out its Global Infrastructure Fund II (GIF II) with $3.4 billion in capital commitments. According to Sydney-based AMP Capital, the fund exceeded its $3 billion fundraising target and also drew additional significant co-investment commitments.
GIF II was backed by more than 60 institutional clients from 14 countries throughout the world. Investors include public and corporate pension funds, fund-of-funds, insurance companies, family offices, and sovereign wealth funds.
“This landmark close for GIF II is a significant step in the global growth of our infrastructure business, and our investments to date show we’re delivering on our broader strategy of delivering growth through real assets,” said Boe Pahari, global head of infrastructure equity at AMP Capital, in a statement.
GIF II will look to deploy capital across four major infrastructure sectors, including transport, communications, infrastructure health and energy. To date, the fu