Six infrastructure funds closed in the second quarter, raising $2.8 billion, marking the second consecutive quarter of increases in infrastructure fundraising, according to a report from Preqin.
Six funds also closed in the first quarter, raising $2.7 billion. In the fourth quarter of 2010, 10 funds closed, raising $2.5 billion.
The largest fund to close in the second quarter was the $1.2 billion First Reserve Energy Infrastructure Fund. An additional 15 funds reached an interim close, raising an aggregate $8.2 billion.
In the second quarter of 2010, 10 funds closed, raising $7.5 billion.
Two infrastructure funds of funds also closed in the second quarter, including the €100 million ($140.4 million) UBS AFA Global Infrastructure Multi-Manager Fund.
Elliot Bradbrook, Preqin’s manager-infrastructure data, could not be reached for comment by deadline.