Morrison & Co. has held a first closing of its new open-end global infrastructure fund, the Morrison & Co. Infrastructure Partnership (MCO IP).
The fund raked in more than $3 billion in fund commitments and co-investment capital from anchor investors.
MCO IP will provide investors with access to major global themes driving multi-decade growth opportunities, including the energy transition and decarbonization, climate change and digitization of the global economy.
With a global investment mandate, the fund will principally target assets in North America, the United Kingdom, continental Europe, Australia and New Zealand, with a focus on the energy sector, utilities and data infrastructure.
Gordon Hay, head of core infrastructure funds at Morrison & Co., said MCO IP will provide investors with exposure to long-term, lower-volatility opportunities that are positively exposed to these themes.
“We are seeing a continued evolution in the inf