Independent U.S. asset manager Alinda Capital Partners has closed its second $4 billion infrastructure fund in the biggest infrastructure fundraising since the collapse of Lehman Brothers in September 2008.

Alinda said its fundraising exceeded the $3 billion cover amount for its second fund and defied a very challenging fundraising environment in the sector, as institutional investors have scaled back their commitments on liquidity concerns.

Despite more than 100 infrastructure funds seeking to raise funds globally, just $10.7 billion was raised in 2009, according to figures from placement agent Probitas Partners.

Full Story...

Posted by mopeng at February 1, 2010 10:46 PM