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.”

Coho Capital 2Q20 Commentary: Podcasts, The New Talk Radio

Coho Capital LogoCoho Capital commentary for the second quarter ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more Dear Partners, Coho Capital returned 46.6% during the first half of the year compared to a loss of 3.1% in the S&P 500. Many of our holdings, such as Netflix, Amazon, and Spotify, were perceived beneficiaries Read More

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