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Asterion nears $1.25b fundraising target for industrial infra fund
Fundraising - JANUARY 15, 2020

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Asterion nears $1.25b fundraising target for industrial infra fund

by Kali Persall

Asterion Industrial Partners is closing in on its fundraising target for its inaugural industrial infrastructure fund, an SEC filing has revealed.

Asterion Industrial Infra Fund I, FCR crested the billion dollar mark with $1.1 billion in capital commitments, according to the January filing. The fund is targeting $1.25 billion.

The fund, which was previously targeting €850 million ($939 million), hit €901 million ($995 million) in October 2019. That capital raise made it one of the largest first-time infrastructure funds ever raised in Europe, as well as one of the fastest, according to Asterion.

Asterion said it was planning to keep the fund open for a select number of investors who were in the process of completing additional subscriptions.

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