Global Infrastructure Partners (GIP) has completed fundraising for its dedicated emerging markets fund, GIP Emerging Markets Fund I, garnering more than $2.1 billion of aggregate committed capital.
GIP Emerging Markets Fund I secured significant support from GIP’s existing investor base and also attracted new investors with a specific interest in emerging markets infrastructure. GIP said the fund’s diversified investor base includes public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, asset managers, endowments and family offices across North America, Europe, Asia and the Middle East.
“The infrastructure opportunity in emerging markets countries is significant,” said James Amine, partner and head of emerging markets at GIP. “While global economic growth may be decelerating, GIP believes that conditions in the target countries for GIP EM remain constructive and present an attractive investing environment.”
