This week the Infrastructure Investment Group is launching a vehicle targeting $250 million to invest in a portfolio of underlying funds and co-investments that offer diversification by geography, project stage, infrastructure industry and fund vintage. The fund of funds will invest globally, in both social and economic infrastructure, and across the project stage spectrum.
RBC Global Asset Management was created in 2008 following the merger of RBC Asset Management and Phillips, Hager & North Investment Management in Canada, together with the US-based institutional asset management company, RBC Global Asset Management (US). In 2010, RBC Global Asset Management formed Infrastructure Investment Group to provide institutional investors with access to unlisted fund of funds strategies and offer customized infrastructure investment solutions.
Preqin’s Infrastructure Online database has information on 14 infrastructure and real asset fund of funds currently vying for investor commitments. For more information on these vehicles and the current infrastructure fundraising market, please see Preqin's Infrastructure Online module.