2016 infrastructure fund update

The number of unlisted infrastructure funds closed in 2016 declined 27% from 2015 to 51 funds from 70, while the aggregate amount of capital raised increased $14.1 billion over the prior year. Regionally, the majority of the capital raised was by funds investing in North America. Dry powder, cash held by funds for future investment, increased by $29 billion 2015 to $137 billion. It was the largest increase in cash reserves since 2013 when it jumped $35 million.

Brookfield Asset Management’s Infrastructure Fund III was the largest fund to close in 2016, at $14 billion. The Canada-based fund will focus on clean energy, logistics and transportation.

Related Articles
Canada targets C$35 billion in investments through infrastructure bank
Recommended for You
Active U.S. equity funds struggle to consistently outperform benchmarks
Active U.S. equity funds struggle to consistently outperform benchmarks
Endowments and foundations continue favoring alternative assets
Endowments and foundations continue favoring alternative assets
Many employees confident about living a comfortable retirement
Many employees confident about living a comfortable retirement