Golding Capital Partners (GCP) has received commitments of €435 million (US$486 million) at the first close of its infrastructure investment programme Golding Infrastructure 2016 SCS SICAV. After just five months GCP has already raised more than 70% of its target volume of €600 million.
The current infrastructure programme launched by GCP in March 2016 will follow a conservative investment strategy aimed at generating early yield and an attractive overall net portfolio return of 8% p.a. IRR.
It will build a broadly diversified portfolio of some 200 infrastructure projects in the main infrastructure markets in Europe and North America and cover all sectors, including energy, transport, utilities and social infrastructure, such as schools and hospitals.
GCP has already started to assemble the portfolio and intends to make further investments by year end.
Altogether, GCP has received commitments to its current infrastructure programme from 28 institutional investors from Germany and Europe, including insurance companies, pension funds, charitable foundations, banks and savings banks