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QIC holds A$2.35b final close for global infrastructure fund

by Jody Barhanovich

QIC, an Australia-based global diversified alternative investment firm, has held a A$2.35 billion ($1.7 billion) final close for QIC Global Infrastructure Fund, reaching its hard cap after 18 months of fundraising. The fund exceeded its A$1.75 billion ($1.32 billion) fundraising target with the capital commitments. The pooled unlisted investment vehicle seeks to provide institutional investors with access to attractive, risk-adjusted returns through long-term exposure to a diversified portfolio of global infrastructure assets. The fund’s investment strategy is focused on a sector-centric, active-core approach. It held an $800 million first cl

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