InfraVia Capital Partners announced today that it has successfully closed its 5th infrastructure fund, InfraVia European Fund V, at its €5bn hard cap.
- With the closing of InfraVia European Fund V, InfraVia reaches a total of €10bn in capital commitments
- InfraVia European Fund V saw strong demand from investors globally and was oversubscribed reaching a €5bn hard cap
- InfraVia is well placed to continue to deploy its strategy of investing for resilience and value creation
- InfraVia supports European infrastructure businesses in their growth plans and creates more sustainable companies in the process
- InfraVia focuses on 4 main areas: digital infrastructure, energy transition, social infrastructure and mobility
With the closing of InfraVia European Fund V, InfraVia has now raised a total of €10bn in commitments across a diversified LP base of over 150 investors from across the globe – Europe, North America, South America, Asia and the Middle East.
Demonstrating support for the asset class and recognition of the firm’s investment strategy and track record in value creation, InfraVia European Fund V saw strong demand from a wide variety of investors globally including insurance companies, pension funds as well as Family Offices and private banks. Despite the challenging Covid environment, the fund was significantly oversubscribed and exceeded its original €3bn target to reach a €5bn hard cap.
Vincent Levita, Founder and CEO of InfraVia declares: “We are extremely proud of this fundraising testament not only to the resilience of the asset class and the excellent track record of the team but also to the depth and strength of our relationships. Over half of commitments came from our existing client base, representing a 100% re-up rate, and we are also very proud to have been able to onboard so many new investors in such a challenging period. We are truly humbled by the continued support for our platform.”
InfraVia has delivered a solid track record in European infrastructure over the last 14 years focusing on digital infrastructure, energy transition, social infrastructure and mobility. Fund V will aim to continue to implement the same successful platform strategy as that of prior funds, focusing on European mid-market infrastructure assets that display resilient characteristics and present significant value creation potential. The fund will also continue to build on the team’s successful active asset management approach looking specifically at ESG, talent
management and digitalization to further drive value creation. InfraVia European Fund V is categorized as Article 8 under SFDR reflecting InfraVia’s longstanding approach of integrating sustainability throughout its investment process.
The fund has already been able to seize a number of investment opportunities closing its first investment – Grandir, a leading childcare and early education operator in September 2021. The fund has subsequently made two further investments in communications infrastructure, first announcing a JV with Liberty Global to develop FTTH in rural Germany in December and recently announcing a third investment in Ireland, Fibre Networks Ireland, that is expected to close in
Q2 2022.
Bruno Candès, Partner at InfraVia concludes: “Infrastructure has proven its resilience as an asset class and we expect it will play an increasingly important role in the post-covid economy. We continue to see significant opportunity to invest and with this new fund, we will continue to partner with infrastructure businesses to help them develop and grow, delivering long-term value for our investors as well as the economies in which they operate.”
InfraVia has been advised for this fundraising by First Avenue Partners (placement agent) and by Simmons & Simmons (legal).
PRESS CONTACTS
INFRAVIA
Vincent LEVITA Founder and CEO
vlevita@infraviacapital.com
+33 (0)1 40 68 17 38
TADDEO
Antoine Denry
antoine.denry@taddeo.fr
+33 (0) 6 18 07 83 27