Golding Capital Partners has raised €450m at the final close of its third infrastructure co-investment fund, which is already around two-thirds deployed across nine assets via core-plus and value-add strategies.
The manager said Golding Infrastructure Co-Investment 2023 secured capital commitments from European investors, including those in Germany and Switzerland, as well as Asian institutions.
Golding Infrastructure Co-Investment 2023’s investor base comprised new and returning backers, including pension funds, insurers, foundations, cooperative institutions, savings banks, church institutions and family offices.
Golding said it expects to complete the fund’s portfolio construction within 18 to 24 months.
Thilo Tecklenburg, partner and head of infrastructure at Golding Capital Partners, said: “The structural demand for infrastructure investment remains significant, and the current market environment continues to offer attractive opportunities for co-investments.
“At the same time, disciplined selection and diversification across sectors, regions, strategy segments and fund managers remain the cornerstones of our co-investment approach.”
Hubertus Theile-Ochel, managing partner at Golding Capital Partners, said: “The high proportion of new investors is a strong endorsement of our co-investment strategy. Institutional investors are looking not only for access to attractive opportunities, but also for experience in sourcing, selecting and executing them.
“We are therefore particularly pleased by the confidence that both new and long-standing investors have placed in the third generation of our strategy.”
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