Copenhagen Infrastructure Partners has closed its newest infrastructure fund, Copenhagen Infrastructure New Markets Fund I (CI NMF I), with $1 billion in commitments.
The fundraise exceeded its target size in less than six months from first close in May with $700 million in commitments, according to Jakob Baruël Poulsen, managing partner at CIP. The fund was backed by a mix of existing and new blue-chip institutional investors, including PensionDanmark, Arbejdsmarkedets Tillægspension (ATP), KLP, and Lægernes Pension & Bank.
Additional commitments came from pension funds, insurance companies, and family offices, as well as a prominent group of German and Austrian institutions.
“The investment pipeline includes several attractive renewable energy infrastructure project opportunities across all main target geographies and technologies, and the fund is well on track to make investments in 2020,” said Niels Holst, partner in CIP and head of the New Marke
