InfraRed Capital Partners has set a $1.5 billion fundraising target for its seventh value-add infrastructure fund, InfraRed Infrastructure VII, IREI has learned.
InfraRed has bumped up the timeline for the fund’s launch, which was initially planned for 2026, due to increased interest in value-add, middle-market strategies, according to sources with knowledge of the matter.
The previous fund in the series, InfraRed Infrastructure Fund VI, closed in late 2024 with more than $1 billion of capital commitments, including co-investment vehicles and separately managed accounts. Fund VI invests in the North American and Western European regions in three sectors: energy transition, digital and transport. The newest vehicle will invest in the same themes.
The firm declined to comment on its fundraising activity.
