The credit platform of Global Infrastructure Partners (GIP) has wrapped up fundraising for its two infrastructure credit funds, GIP Capital Solutions Fund II (GIP CAPS II) and GIP Spectrum Fund, with $2.8 billion in committed capital.
GIP CAPS II and GIP Spectrum each raised $1.4 billion in LP commitments. The funds' diversified investor base includes public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, asset managers, endowments, and high-net-worth individuals located across North America, Europe, Asia and the Middle East.
GIP CAPS II makes debt and non-common equity investments in midstream energy, power, renewables and transport assets primarily in OECD countries, while GIP Spectrum focuses on lower-risk-profile, debt-only investments in the same sectors and geographies. Both funds specialize in custom-tailored investments that address situation-specific challenges and risks while providing financing solutions that h