Fundraising - APRIL 1, 2013

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

DIF holds €800 final close

by Andrea Waitrovich, released 3/28/13

Independent fund manager DIF has held an €800 million ($1.0 billion million) final close for its third infrastructure fund, DIF Infrastructure III.

The fund launched in 2011 with €600 million ($770 million) target with a hard cap of €750 million (4960 million). After its first close in May 2012, the firm increased its fundraising goal to €800 million ($1.0 billion) in order to facilitate the strong demand from existing and new investors. A second close was held in December with an additional €463 million ($593 million) in equity commitments.

After the first close, the majority of the equity commitments were primarily from European investors.

“We have seen a strong commitment by existing European investors with a re-up rate of 70 perc

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.