Exclusives

The milestone means DIF’s Core Infrastructure Fund II has already raised the same amount its predecessor closed on in November 2017.

The fund has one asset under its belt after the $1.25bn acquisition of a US district heating business last year.

DIF Infrastructure VI, which was launched in November, is now 56% towards its €2.5bn target.

Daniel Zinic, who will be based in London and join the firm early next month, had assisted Stonepeak in raising its debut fund in 2012 while working at placement agent FIRSTavenue.

Infrastructure's continuous evolution will require new skill sets, create job opportunities and drive up pay packages for investment professionals, according to recruitment firm Sousou Partners.

The funds offer investors two strategies of varying risk and are targeting gross returns ranging between 9% and 14%.

The latest round of fundraising for the Super Core series follows on from the close of Series 1 on €2.5bn in June 2018.

Survey results show that marginal loss factor volatility is increasing the cost of capital, says one investor, who also criticised the Australian regulator for being 'more interested in preserving the past'.

Darryl Murphy’s promotion from head of infrastructure debt to the newly created role comes just under three years since his arrival from KPMG.

Diana Callebaut's departure comes a little over a week since the superannuation fund announced its CEO, David Atkin, would also be stepping down by mid-2020.