Madrid-based Asterion Industrial Partners has launched a new fund, focused on mid-market infrastructure in Europe.
Asterion did not disclose a fundraising target for its new vehicle, known as Asterion Industrial Infra Fund II; however, the previous fund in the series closed with €1.1 billion ($1.3 billion) in January 2020.
Like its predecessor, Asterion Industrial Infra Fund II will invest in infrastructure sectors such as telecommunications, energy, and utilities and mobility.
The firm could not be reached to comment on its fundraising efforts at the time of publication.