Global Infrastructure Partners (GIP) has closed its fourth infrastructure fund with $22 billion in capital commitments.
Launched in April 2018, the fund exceeded its $20 billion fundraising target.
GIP could not be reached to comment on its fundraising efforts.
Among the fund’s investors were two pension funds from San Jose, Calif., as well as the Quincy (Mass.) Contributory Retirement System, Connecticut Retirement Plans and Trust Funds, China Life Insurance Co., the Florida State Board of Administration, Teachers’ Retirement System of Louisiana, and the Texas Municipal Retirement System.
GIP IV will invest the capital into energy, transportation and wastewater infrastructure assets.
