The close of Hull Street Energy Partners II comes just under three years after it wrapped up its maiden fund.
The UK-based investment firm launched its first dedicated North American infrastructure fund last year, targeting $1bn.
CMC CIO Simon Chen described climate change as a ‘mega-trend’ it could not afford to miss, with the new platform to offer exposure to Chinese renewables for international investors.
Apollo Infrastructure Opportunities Fund III could target up to $4bn, and follows the $2.5bn final close of Fund II, in January.
The firm seeks to draw climate-friendly investors in Europe after committing BEP IV to EU sustainability regulations.
The firm has raised at least $125.6m for Vintage Infrastructure Partners from 115 investors.
Pacific Equity Partners’ Secure Assets Fund II is understood to be targeting A$1bn and is expected to reach a first close in the next few months.
The closing beat Global Infrastructure Investors IV’s $12bn target and significantly exceeds the $7.4bn raised by its predecessor in 2018.
Originally targeting €3bn, the fund attracted 50% of its capital from new LPs.
The Dutch manager was targeting €1.1bn for the dual senior and junior offering but has been unable to generate sufficient interest.