Antin Infrastructure Partners has successfully closed its first dedicated mid cap fund, significantly exceeding the fund’s EUR1.5 billion (US$1.78 billion) target to reach its hard cap at EUR2.2 billion (US$2.6 billion).

The strategy of the new fund will focus on mid-cap opportunities. The fund will target infrastructure investment opportunities in the energy and environment, telecom, transport, and social sectors across Europe and North America. The fund will be managed by the same team that invests Antin’s flagship funds and will leverage the firm’s existing origination capabilities and extensive industry relationships.

Evercore acted as global placement agent for this fundraise while Goodwin Procter acted as Antin’s legal and tax advisors.