CION Investments and GCM Grosvenor have launched CION Grosvenor Infrastructure Fund, (CGIF).
At launch, the fund will consist of a $240 million portfolio invested across 43 infrastructure assets, and $82 million in additional committed capital. The fund launch was supported by a major institutional investor.
CGIF is an evergreen interval fund that allows individual investors, through their financial advisors, access to GCM Grosvenor’s institutional private infrastructure platform. The fund is priced daily and offers liquidity for up to 5 percent of the fund’s NAV once per quarter.
CGIF’s current portfolio is composed entirely of investments directly into private assets, across traditional infrastructure sectors, including transportation, digital, energy and energy transition and new infrastructure sectors such as supply chain and infrastructure adjacencies.
CGIF combines CION’s product management and distribution capabilities with the depth and br