Barclays Integrated Infrastructure Fund (BIIF), a new fund managed by Barclays Private Equity, has acquired Infrastructure Investors, a portfolio of 84 investments in operational PFI/PPP projects, for £558.6m.
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Funding will be used to hire more staff, support product development and meet customer demand
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital