European Infrastructure Fundraising and Deal Flow

by Elliot Bradbrook

  • 15 Dec 2010
  • INF

Infrastructure development in Europe played a key role in the establishment of the global unlisted infrastructure asset class in the mid-1990s.  It is therefore unsurprising that European infrastructure fundraising has grown rapidly in this period.  Since 2004, 68 Europe-focused unlisted infrastructure funds have reached a final close raising $48 billion in total capital commitments.  This is more than in both North America (43 funds raised) and Asia and Rest of World (54 funds raised), although North America-focused funds are more significant in terms of aggregate capital raised with $79 billion raised.  545 deals have been made by unlisted fund managers in European countries during this period representing 45% of total deals made.  28% of deals were made in North America and 27% in Asia and Rest of World.

Europe remains a significant region for infrastructure investment with 41 Europe-focused vehicles currently on the road targeting $29 billion.  Although deal flow remains reduced due to the affects of the global financial crisis, 99 deals have been made in European countries in 2010 to date, representing 57% of total deals made.  In 2010, 11 of the 22 funds to close target European infrastructure opportunities.

To learn more about global infrastructure fundraising and deal flow, see our Infrastructure Online service.

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