Asterion Industrial Partners is planning to raise €1.35bn for its latest European infrastructure fund, according to an investor.
Teachers’ Retirement System of Louisiana said in a meeting document that has approved a €21m commitment to the Asterion Industrial Infra Fund II fund.
Asterion is known for investing in the European infrastructure middle market. The latest fund will target telecommunications, energy, utilities and transportation assets in Spain, France, UK, Italy, Portugal and France.
According to Louisiana Teachers, the Asterion fund is expected to have a total of 10 to 12 investments.
To read the digital edition of the latest IPE Real Assets magazine click here.