{"id":37311,"date":"2014-10-14T00:25:31","date_gmt":"2014-10-13T22:25:31","guid":{"rendered":"http:\/\/beta.next-finance.net\/note\/average-infrastructure-fund-size-tops-1bn-highest-since-2007\/"},"modified":"2019-12-30T23:07:01","modified_gmt":"2019-12-30T22:07:01","slug":"average-infrastructure-fund-size-tops-1bn-highest-since-2007","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/note\/average-infrastructure-fund-size-tops-1bn-highest-since-2007\/","title":{"rendered":"Average Infrastructure Fund Size Tops $1bn, Highest Since 2007"},"content":{"rendered":"<p>Preqin\u2019s latest research shows that infrastructure funds that have reached a final close so far this year have raised $1bn in capital on average, representing the highest average fund size seen since 2007, when funds raised an average of $1.1bn.<\/p>\n<p><quote>Infrastructure funds closed in 2014 year-to-date have raised an average of $1bn, the largest<br \/>\naverage amount since 2007<\/quote><\/p>\n<p><strong>The average size of infrastructure funds has increased by 44% compared to 2013, as a result of greater amounts of capital being committed to fewer funds. <\/strong> <\/p>\n<p>In 2014 to date, 26 unlisted infrastructure funds have reached a final close<br \/>\nraising an aggregate $25bn, compared to 41 funds raising a total of $23bn over the same period in 2013.<\/p>\n<p><quote>Other Key Facts:<\/p>\n<ul>\n<li> 16 funds held an interim close in Q3 2014, securing an aggregate $3.2bn.<\/li>\n<li> The average time taken for funds to reach a final close has fallen from the peak of 25 months for funds<br \/>\nclosed in 2012 to 20 months for funds closed in 2014 YTD.<\/li>\n<li> 61% of funds closed so far in 2014 have exceeded their fundraising target, compared to 38% of funds that<br \/>\nclosed in 2013.<\/li>\n<li> There are currently 148 funds in market seeking capital, with an aggregate target of $94bn, slightly above<br \/>\nthe 136 funds that were in market at the start of 2014 which were collectively seeking $86bn.<\/li>\n<li> The two largest infrastructure funds on the road are both seeking commitments of $4bn respectively. These<br \/>\nare ArcLight Energy Partners Funds VI and Morgan Stanley Infrastructure Partners II.<\/li>\n<li> A total of 156 infrastructure transactions were made in Q3 2014 globally, with an estimated aggregate deal<br \/>\nvalue of $88bn.<\/li>\n<li> 35% of deals in Q3 2014 were in European assets, down from 45% of deals in Q2 2014.<\/quote><\/li>\n<\/ul>\n<p><em> <strong>Top 10 Unlisted Infrastructure Funds in Market by Target Size<\/strong> <\/em><br \/>\n<img loading=\"lazy\" class=\" aligncenter size-full wp-image-37305\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size.jpg\" alt=\"top_10_unlisted_infrastructure_funds_in_market_by_target_size.jpg\" align=\"center\" width=\"1056\" height=\"234\" srcset=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size.jpg 1056w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size-300x66.jpg 300w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size-1024x227.jpg 1024w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size-768x170.jpg 768w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size-990x219.jpg 990w\" sizes=\"(max-width: 1056px) 100vw, 1056px\" \/><br \/>\n<em> <strong>Top Five Unlisted Infrastructure Funds Closed in Q3 2014<\/strong> <\/em><br \/>\n<img loading=\"lazy\" class=\" aligncenter size-full wp-image-37307\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014.jpg\" alt=\"top_five_unlisted_infrastructure_funds_closed_in_q3_2014.jpg\" align=\"center\" width=\"1054\" height=\"127\" srcset=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014.jpg 1054w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014-300x36.jpg 300w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014-1024x123.jpg 1024w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014-768x93.jpg 768w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014-990x119.jpg 990w\" sizes=\"(max-width: 1054px) 100vw, 1054px\" \/><br \/>\n<em> <strong>Notable Infrastructure Deals Completed in Q3 2014<\/strong> <\/em><br \/>\n<img loading=\"lazy\" class=\" aligncenter size-full wp-image-37309\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014.jpg\" alt=\"notable_infrastructure_deals_completed_in_q3_2014.jpg\" align=\"center\" width=\"1056\" height=\"128\" srcset=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014.jpg 1056w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014-300x36.jpg 300w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014-1024x124.jpg 1024w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014-768x93.jpg 768w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014-990x120.jpg 990w\" sizes=\"(max-width: 1056px) 100vw, 1056px\" \/><\/p>\n<p>\u201cThere remains significant institutional investor appetite for infrastructure exposure, which is reflected in the continued strong fundraising seen in 2014 to date. A number of the largest players in the infrastructure fund space<br \/>\nhave closed large offerings this year, frequently exceeding their fundraising goals, and the average infrastructure fund is now over $1bn in size. The number of funds to close has fallen however, as the larger players have taken a greater share of the market, and for many of the more recently established infrastructure fund managers, fundraising remains a very difficult prospect\u201d says Andrew Moylan, Head of Real Assets Products, Preqin.<div id='gallery-1' class='gallery galleryid-37311 gallery-columns-3 gallery-size-herald-lay-c1'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a class=\"herald-popup\" href='http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size.jpg'><img width=\"470\" height=\"234\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_10_unlisted_infrastructure_funds_in_market_by_target_size-470x234.jpg\" class=\"attachment-herald-lay-c1 size-herald-lay-c1\" alt=\"\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a class=\"herald-popup\" href='http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014.jpg'><img width=\"470\" height=\"127\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/top_five_unlisted_infrastructure_funds_closed_in_q3_2014-470x127.jpg\" class=\"attachment-herald-lay-c1 size-herald-lay-c1\" alt=\"\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a class=\"herald-popup\" href='http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014.jpg'><img width=\"470\" height=\"128\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2014\/10\/notable_infrastructure_deals_completed_in_q3_2014-470x128.jpg\" class=\"attachment-herald-lay-c1 size-herald-lay-c1\" alt=\"\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Preqin\u2019s latest research shows that infrastructure funds that have reached a final close so far this year have raised<br \/>\n$1bn in capital on average, representing the highest average fund size seen since 2007, when funds raised an<br \/>\naverage of $1.1bn.<\/p>\n","protected":false},"author":20,"featured_media":37305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1481],"tags":[1655,1651,1437,1724,2139,2091],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/37311"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=37311"}],"version-history":[{"count":1,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/37311\/revisions"}],"predecessor-version":[{"id":37312,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/37311\/revisions\/37312"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/37305"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=37311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=37311"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=37311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}