Antin Infrastructure Partners has raised €3.6bn for its third European fund.

The investment manager raised the capital in five months, marking its largest fund-raise to date.

The fund, which will target brownfield assets across Europe, has been backed by 85 investors from Europe, North America, the Middle East, Asia and Australia, including pension funds, insurance companies, asset managers and sovereign wealth funds.

Mark Crosbie, managing partner at Antin Infrastructure Partners, said the fund received “significant re-investment” from existing investors.

He said Antin had diversified its investor base, with more than €1bn raised from non-European geographies.

“We continue to see tremendous potential in brownfield infrastructure in Europe, and this new fund will allow us to continue to pursue those opportunities in the coming years,” he said. 

Antin has so far invested in 15 different companies, deploying €3.2bn across two funds in energy, transport, telecoms and social infrastructure.