Altamar Capital Partners has announced that it has registered a new fund. Altamar Infrastructure Income II FCR will offer clients the opportunity to invest in infrastructure funds across the world, as well as to participate in direct investments in protected assets.

This is Altamar's second fund within this asset class, after having successfully invested almost 90% of its predecessor, Altamar Infrastructure Income FCR. This fund closed at EUR356 million (US$404.1 million), exceeding the initial target size.

Altamar Infrastructure Income II maintains the investment strategy of its predecessor, with a focus mainly on assets in operation, OECD geographies (mainly Europe and North America) and with an operational focus as the main value creation lever.

The fund's portfolio will consist of a combination of investment in primary funds (minimum of 60% of the fund’s size), co-investment and secondary deals (up to a maximum of 40% of the fund’s size), over an investment period of 3-4 years. Altmar is targeting a final portfolio of 160-180 underlying investments. The target size of the fund will be between EUR300 and 400 million (US$340.5 and 454.0 million).