U.K. infrastructure platform holds £125m first close

by Andrea Waitrovich

The Pensions Infrastructure Platform has held a first close for its direct infrastructure fund, PiP Multi-Strategy Infrastructure Fund, raising £125 million ($181 million) in equity commitments from pension fund investors.

The vehicle launched this year with a £1 billion ($1.5 billion) equity fundraising target. Investors include the West Midlands Pension Fund and the Strathclyde Pension Fund.

PiP Multi-Strategy Infrastructure Fund will invest directly in U.K. infrastructure with the objective of producing stable, long-term, inflation-adjusted yields.The fund will focus on core U.K. infrastructure with a buy-and-hold investment strategy, targeting transportation, energy, utilities, communications, housing and social infrastructure.


Fund data at your fingertips. Subscribe to the FundTracker database.


Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?