DIF Capital Partners closed its latest fund, DIF Infrastructure VI, at €3 billion ($3.5 billion), a spokesman said.
The fund closed ahead of its €2.5 billion target.
DIF VI targets equity investments with long-term contracted or regulated income streams including public-private partnerships, concessions, utilities and renewable energy projects located in Europe, the Americas and Australia.
Investors in the fund include the $58.2 billion Los Angeles County Employees Retirement Association, Pasadena, Calif., which made a commitment of €150 million in October.
A predecessor fund, DIF Infrastructure V, closed in May 2018 at €1.9 billion.
DIF Capital Partners has €8.5 billion in assets under management across closed-end infrastructure funds and co-investments.