Dutch Infrastructure Fund BV, a Schiphol-based fund management company, raised 463 million euros ($614 million) from investors for renewable-energy and other infrastructure projects.
DIF’s fourth infrastructure fund reached its second close, having already raised finance in May, the company said in a statement on its website. It has a target size of 600 million euros and a cap of 750 million euros at final close, or the last opportunity for new investors to step in, slated for early 2013.
The fund will seek public-private partnerships and clean-energy investments offering the long-term, steady gains that have also attracted retirement funds such as PensionDanmark A/S and insurer Allianz SE. DIF has raised 1.3 billion euros of equity in total.