By Greg Roumeliotis, European Infrastructure Correspondent

AMSTERDAM, Oct 16 (Reuters) - Natixis-sponsored (CNAT.PA: Quote, Profile, Research) fund Cube Infrastructure has bucked tough conditions for the sector by closing a 100 million euro fundraising and winning pledges to raise 100 million more, its chief executive said.

With a fundraising target of 1 billion euros, Cube had raised 400 million euros last December and is targeting another close by early next year, Renaud de Matharel told Reuters.

"We have another 100 million euros in commitments pending, that would bring us up to approximately 600 million, and we expect them to come through in the next closing," he said.

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Posted by claire at October 16, 2009 9:28 AM