Evli Infrastructure Fund I Ky, an alternative fund established in February and sponsored by Helsinki-based Evli, has raised another €35 million ($41 million) in its third closing.
The size of the fund is now €104 million ($123 million). The fundraising will continue after the closing, and the final close of the fund will take place in early 2021. The target size of the fund is €100 million–€200 million ($118 million–$237 million).
“Our infrastructure fund has been really well received in the market, and we are pleased that we have already exceeded the fund’s minimum target size,” said Richard Wanamo, portfolio manager for Evli’s infrastructure fund. “I believe that the great interest has been driven by both the growing need of clients to diversify their portfolios through infrastructure investments and the uncertainty brought about by the coronavirus pandemic.”
He added: “The current global situation has had only minor impact on the unl
