McMorgan & Company is preparing to launch a new open-ended infrastructure fund in March.
The McMorgan Infrastructure Fund II will continue McMorgan’s nine-year relationship successfully investing alongside the OMERS Pension Plan in large-scale, global core and core-plus infrastructure assets. Fund II will utilize an open-end structure, allowing for the receipt of ongoing commitments from limited partners as it continues to evaluate new opportunities for investment. Commitments received prior to June 30 will receive the benefits of the fund’s founders class, including a reduced fee, prioritized capital deployment and the ability to participate in the fund’s limited partner advisory committee.
The fund’s predecessor, McMorgan Infrastructure Fund I, was a closed-end fund that raised $1.325 billion in capital commitments. Fund I has provided investors with a diversified portfolio of eight infrastructure assets globally through Sept. 30, 2022.
Fund II pla