Cube Infrastructure Managers (IM) has achieved the first closing of its fourth flagship fund, Cube IV, with €587 million ($654 million) of commitments, including co-investment commitments, from a global base of institutional investors.
Launched in late 2025, Cube IV is seeking to raise €1.5 billion ($1.7 billion) and is progressing a number of investment opportunities across its core sectors, with the expectation of signing its first investment in the coming weeks.
Cube IV follows the same European mid-market core-plus strategy as its predecessor funds, creating value through a buy-and-grow approach and active asset management. The fund will focus on infrastructure platforms active in the energy transition, telecoms and digital, transport, and environmental services sectors.
The fund will primarily target brownfield, resilient, inflation-protected infrastructure assets with significant growth potential. Through a diversified portfolio, Cube IV aims to genera
