Fundraising

Just Climate’s first fund, a growth equity strategy focusing on industrial decarbonisation, has made its first three investments.

A Stafford Capital Partners-led consortium allowed the manager to do a ‘super-efficient’ exit for its greenfield fund.

Unlisted, closed-end infrastructure fundraising reached $162bn last year, with four mega-fund closes accounting for 38% of that amount.

With one data centre asset already in its pipeline, Digital Halo is actively exploring opportunities in the Philippines, Thailand and Indonesia.

With GPs seeking up to $250bn, we spoke to five top placement agents to learn what they can expect in this difficult year.

The new fund, launched by Patrizia in partnership with Mitsui, held a first close on $110m in December 2022.

Ares Management holds final close for IDF V in December 2022.

Some 39% of all open-end fundraising took place in the last 18 months, with a record 20 funds launched by this half-year alone. We map out the market using data from bfinance.

Launched earlier this year, Macquarie Infrastructure Partners VI has raised about $4bn. Its predecessor closed on $6.9bn last August.

Blackstone Energy Transition Partners IV,, which has raised north of $1bn, is expected to reach its target and cap by the summer of 2023.