Global Infrastructure Partners IV fund has reached a final close of US$ 22 billion. The fund targets brownfield investments in the energy, transportation and waste sectors, historically targeting a gross IRR between 15-20%.

More than 200 investors have invested in the Global Infrastructure Partners IV fund. The fundraising process began at the beginning of 2019. The fund targets to invest most of the amount in OCED countries. The fund will invest in 10 to 15 infrastructure projects which require investment from US$ 1 billion to US$ 2.5 billion.