Meridiam has raised €1.3bn for an infrastructure fund targeting Europe.
The investment manager said it attracted more than €2.2bn for Infrastructure Europe III in four months.
The capital raised for the vehicle takes the firm’s total assets under management to €5bn.
The fund will prioritise green and low carbon infrastructure.
Thierry Déau, founder and CEO of Meridiam, said it had received strong support from institutional investors in Europe.
“Our 25-year fund has proved an increasingly popular fund structure, aligning the interest of public sponsors with long-temr investors to embrace the presing issues of the day,” he said.
Meridiam, which was founded in 2005 and has offices in Europe, the US, Canada, Turkey and Africa, recently invested in a Portuguese road concession for its second infrastructure finance fund. The fund, which reached final closing in 2012 at €934m, has invested in 13 projects in Finland, France, Poland, Slovakia, Spain, Turkey and the UK.
The firm also runs its climate change-focused Transition fund and a separate fund focused on Africa.
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