Montagu instead decides to focus on the €3bn fundraise for its sixth private equity fund
Fund is more than double the size of Ardian Infrastructure Fund IV, closed in 2016
Stockholm-headquartered manager announces the final close EQT Infrastructure Fund IV
Golding is expected to hold a first close of the fund-of-funds in the next couple of weeks
Latest close, which took place in December, follows the fund's first close of €115m in October
Vehicle was launched with a €3.3bn target and held a €3.14bn first close in December 2017
CapMan launched its infrastructure-focused investment business in April 2017
EQT Infrastructure IV was registered in Luxembourg with several filings earlier this month
Fundraising was completed in less than six months, according to Ardian
Move follows impact fund launches from global PE firms TPG, KKR and Bain Capital in recent months
Manager is currently in discussions with placement agents and legal advisers on the raise
Montagu has a history of sourcing and investing in infrastructure-like assets for its buyout funds
Group manages a portfolio of various renewable funds and other assets totalling €1.3bn
GPs are increasingly attracted to infrastructure, bringing a range of investment options and approaches within the asset class
Transaction will see the firm take control of £4bn of funds and launch three new vehicles
EQT Infrastructure III reached its hard-cap in less than six months
Fund launched in June 2014 with a £400m target and already has four portfolio companies
Commitments are up by 50% compared to Ardian's previous infrastructure fund, raised in 2013
UK offshore wind-focused fund is targeting £1bn total
New vehicle makes maiden investment with £53m acquisition of SSE Pipelines
Vehicle focuses on clean energy infrastructure investments
Infrastructure-focused investor DG Infra has secured additional financing from its sponsors, Gimv and Belfius Bank, with a plan to invest up to €400m over the next five years.
Private equity firm CVC Capital Partners has cancelled plans to raise a €2bn infrastructure fund as part of change in its infrastructure investment strategy.
Axa Private Equity has closed its largest ever infrastructure fund on €1.75bn, including €300m of co-investments.