Antin Infrastructure Partners has closed its first dedicated mid-cap fund at its hard cap of €2.2 billion ($2.6 billion), exceeding its €1.5 billion ($1.8 billion) fundraising target. The fund was raised primarily from Antin’s existing investors over the first four months of 2021.
The fund will target infrastructure investment opportunities in the energy and environment, telecom, transport and social sectors across Europe and North America.
Antin has now completed six successful fundraises since its inception, securing a total of €17 billion ($20 billion) in fund commitments. Antin also recently announced the addition of several senior professionals to focus on a new initiative targeting next-generation infrastructure opportunities.
“With many prominent infrastructure managers leaving the mid-cap segment due to fund size growth, this area is increasingly underserved and presents a significant opportunity for Antin,” said Alain Rauscher, CEO and manag