Munich-based Golding Capital Partners has closed its latest infrastructure fund at €710 million ($771 million) in capital commitments.
The fund is planning to target infrastructure projects in Europe and North America in the energy, telecommunications and utilities sectors, according to several news sources.
The fund was backed by nearly 70 limited partners, including banks, insurance companies and pension funds. The firm disclosed that it is planning to launch subsequent infrastructure funds later this year.
Golding also said the fundraise brings its total assets under management to more than €9 billion ($9.7 billion).
