Ara Partners, a global investment firm dedicated to the decarbonization of the industrial economy, has achieved the final closing of its Ara Infrastructure strategy, including its debut Fund, Ara Infrastructure Fund I, and associated co-investment vehicles.
The fund attracted more than $800 million of capital, exceeding its target of $500 million, from Ara's existing investor base and a diverse set of new institutional investors. The investor base consisted of pension funds, insurance companies, sovereign wealth funds, endowments and foundations from North America, Europe and the Asia Pacific region.
Ara Infrastructure’s strategy targets middle-market infrastructure, with a focus on developing new and repurposing high-quality legacy assets for the low-carbon industrial economy.
“We are incredibly proud of this milestone and grateful for the robust support from our investors,” said Teresa O'Flynn, partner and co-head of infrastructure at Ara Partners. “Th
