Arcus Infrastructure Partners has raised €3bn for its fourth value-add European fund, surpassing its €2bn target.
The firm said the Arcus European Infrastructure Fund 4 (AEIF4) reached its hard cap in just over seven months following launch, backed by an 85% re-up rate from existing partners and interest from new institutional investors.
The previous fund, AEIF3, closed in March 2024 after raising €1.61bn.
AEIF4 secured commitments from more than 50 institutional investors, with approximately half of the capital raised in Europe and the remainder from North America, Asia and the Middle East, Arcus said.
The fund was also backed by pension funds, insurance companies, sovereign wealth funds and asset managers, as well as first-time commitments from endowments, family offices and foundations.
AEIF4 targets mid-market infrastructure investments across the digital, energy, logistics and industrial, and transportation industries.
Ian Harding, managing partner, Arcus Infrastructure Partner, said: “We are extremely proud to have reached the hard cap for AEIF4 in such a short timeframe, particularly in a more difficult fundraising environment.
“The strong support from both new and existing investors reflects confidence in our strategy and our team’s ability to deliver compelling returns.”
Ronak Patel, partner and head of capital formation and investor relations, said: “This fundraise has attracted a truly global and diverse group of investors, strengthening the Arcus platform and broadening our reach.
“We greatly appreciate the confidence our investors have placed in us and for their support in enabling an efficient and successful fundraising process. We look forward to building on these partnerships in the years ahead.”
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