AI-assisted, human-published

03/05/2024 /VC Firms

Global Infrastructure Partners Completes $2.1 Billion Fundraising for Emerging Markets

venture fund
AI-assisted, human-published

Global Infrastructure Partners (GIP) has successfully completed the fundraising for GIP Emerging Markets Fund I, accumulating over $2.1 billion in committed capital. The fund has garnered support from a diverse investor base, including pension plans, sovereign wealth funds, insurance companies, and family offices across North America, Europe, Asia, and the Middle East.

 

GIP Emerging Markets Fund I focuses on 11 Target Countries in Asia and Latin America, aiming to capitalize on favorable demographic, economic, and regulatory conditions in these regions. The fund has already deployed over $1 billion across a diversified portfolio of assets.

 

 GIP Chairman and CEO, Bayo Ogunlesi, expressed excitement over the successful fundraise, highlighting the expertise of the Emerging Markets team and their ability to leverage GIP's infrastructure investing capabilities. 

 

Read the full press release here.



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