Foresight Group, a global infrastructure and real assets investment manager, has closed a A$660 million ($458 million) capital raise to fund a continuation vehicle backing global transport operator Kinetic.
The transaction was oversubscribed, with backing from Australian superannuation funds and international institutional investors. A Hamilton Lane principal disclosed on LinkedIn that the firm’s infrastructure platform served as lead investor in the capital raise.
Foresight first invested in Kinetic in 2020 and has supported the business through a period of significant expansion. Since then, Kinetic has grown from its Australian origins into one of the world’s leading mass transit operators, with operations across Australia, New Zealand, the United Kingdom, Europe and Asia.
According to Foresight, Kinetic combines a hard-to-replicate infrastructure base with long-term contractual protections and significant operating scale, with more than 300 contracts glob
