More capital has been raised from investors by unlisted infrastructure funds reaching final close so far in 2010 than was raised throughout the whole of 2009, according to data by market research firm.

Nine infrastructure funds have reached final close in 2010 to date raising $11.7 billion, surpassing the 7 billion euros ($9.4 billion) raised in 2009, though the figures were boosted by major funds, fundraising for two years on average, finally closing in 2010.

Global infrastructure fundraising dried up in 2009 as institutional investors, such as pension funds and insurance firms, moved into more liquid assets, while increased competition for investors' money has exerted pressure on fees.

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Posted by mopeng at April 23, 2010 11:32 PM