NEW YORK, LONDON and HONG KONG, May 12 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), an independent fund that invests in infrastructure assets worldwide, announced today that it has completed fundraising for its flagship first fund. Total commitments to the Fund are US$5.64 billion.

The Fund close underscores GIP's position as a leading global investor in, and operator of energy, transport and water/waste infrastructure assets. The Fund is an investor in London City Airport, as well as port assets in the United Kingdom and Argentina, and a liquid petroleum product storage facility in India. Additionally, as part of a take-private transaction, GIP recently completed the acquisition of a substantial stake in Biffa, Plc, a leading UK integrated waste management infrastructure business.

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Posted by boyang at May 12, 2008 3:18 PM