GIP Rides Political Wave To Largest Infrastructure Fund On The Millennium

GIP Rides Political Wave To Largest Infrastructure Fund On The Millennium

Global Infrastructure Partners has reportedly closed its third namesake fund on $15.8 billion, making the vehicle the largest of the millennium dedicated to the infrastructure space, according to the PitchBook Platform. The pool is nearly double the size of its predecessor, Global Infrastructure Partners II, which closed on $8.25 billion in 2012. The second-largest vehicle in the space since the start of 2000 is last year’s $14 billion Brookfield Infrastructure Fund III.

Global Infrastructure Partners

That timing may not be a coincidence. President Donald Trump and his administration have consistently emphasized a desire to invest significantly in infrastructure, and LPs and GPs alike are taking notice. As GIP chairman Adebayo Ogunlesi (who in December was named to Trump’s Strategic and Policy Forum alongside PE titans like Stephen Schwarzman and Laurence Fink) told Bloomberg in a recent interview: “There’s a tremendous wall of capital that wants to invest in infrastructure.”

Carlson Capital’s Double Black Diamond Strategy Gains 5.3% On Jewelry Play

Black DiamondCarlson Capital's Double Black Diamond fund added 3.09% net of fees in the second quarter of 2021. Following this performance, the fund delivered a profit of 5.3% net of fees for the first half. Q2 2021 hedge fund letters, conferences and more According to a copy of the fund's half-year update, which ValueWalk has been Read More

Article by PitchBook

No posts to display