Morrison & Co has announced the first close for its new open-ended global infrastructure fund, the Morrison & Co Infrastructure Partnership (MCO IP). More than US$3 billion was secured in fund commitments and co-investment capital from anchor investors.

The fund is designed to provide investors with access to major global themes driving multi-decade growth opportunities, including the energy transition and decarbonization, climate change and digitization of the global economy. MCO IP is aimed to target assets in North America, the United Kingdom, Europe, Australia and New Zealand, with a focus on the energy sector, other utilities, and data infrastructure.