New York City–based Global Infrastructure Partners is marketing its first-ever infrastructure debt fund, which will reportedly target brownfield and greenfield energy, transportation, water and wastewater assets.
A spokesperson for GIP declined to comment.
The firm has previously raised two infrastructure funds, GIP I, which overshot its $3.5 billion goal by raising $5.6 billion for its final close in 2008, and GIP II, which raised $8.25 billion by its final close in September 2012.
The fund is reportedly nearing a first close and eventually seeking $2.5 billion.
