[ad_1]
Arcus Infrastructure Partners has received commitments of €1.61 billion for its third fund, exceeding its initial target by more than 7%.
The manager said the amount raised for Arcus Europe Infrastructure Fund 3 (AEIF3) exceeded the fund’s target of €1.5 billion.
Arcus’ previous fund, Arcus Europe Infrastructure Fund 2, closed in 2020 with €1.22 billion.
Arcus said AEIF3 has attracted commitments from institutional investors in Europe, the UK, North America, the Middle East and Asia, including a significant number of investors who have invested in Arcus since its inception.
The manager said the AEIF3 fund has completed investments worth approximately EUR 680 million and acquired controlling interests in four European mid-market infrastructure assets. German submeter provider Officium. European data center platform Portus. Coolworld is a European company specializing in the rental of industrial temperature control equipment.
Ian Harding, Managing Partner at Arcus Infrastructure Partners, said: “The closing of AEIF3, which exceeded targets and exceeded the previous fund size by 30%, is a testament not only to the hard work of the Arcus team, but also to the strength and consistency of the team,” Arcus’ strategy. ”
Mr Harding said the four assets currently in the portfolio are a testament to Arcus’ ability to bilaterally source sustainable ‘businesses’ with strong infrastructure characteristics and long-term growth potential. , I am this fundraiser.”
Stefan Grillmayer, Head of Investor Relations at Arcus Infrastructure Partners, said:
“Our global network of investors aligns with both the Arcus strategy and its focus on sustainability, allowing us to not only make further acquisitions, but also execute significant growth and value creation initiatives. can do.”
“We would like to once again thank our investors for partnering with us and are proud of what we have achieved with this funding.”
Click here to read the latest IPE Real Assets magazine.
[ad_2]
Source link
