Goldman Sachs Asset Management announced the final close of the West Street Infrastructure Partners IV Fund (WSIP IV).

The fund successfully concluded its fundraising at US$4 billion, aligning with its intended target. This marks the latest addition to a series of primary funds dedicated to investing in mid-market infrastructure with a focus on value addition. WSIP IV has already allocated US$2.3 billion across diverse companies, both in terms of geography and sectors. These include Synthica, a US-based developer and operator of organic renewable gas plants; Frøy ASA, offering transportation and support infrastructure to Norway's aquaculture sector; Verdalia, engaged in developing and operating biomethane plants in Europe; GridStor, a company working on utility-grade battery storage projects in the US; ImOn Communications, fiber to the home (FTTH) broadband provider located in Iowa; and Adapteo, a provider of reusable modular space rental solutions in Northern Europe.

This recent closure comes after Goldman Sachs concluded the fundraising for its inaugural infrastructure secondaries fund, Vintage Infrastructure Partners I, in September 2023, securing US$1 billion in equity commitments.