GIP Australia Fund II raises A$4.0 billion for Australasian Ventures

Global Infrastructure Partners (GIP) has successfully closed its fundraising efforts for the GIP Australia Fund II (GIPA II), amassing A$4.0 billion in committed capital.

This impressive figure sits at the zenith of their initial target range of A$3.0 to A$4.0 billion.

The fund has garnered robust support from institutional investors spread across the continents—from Australia and Asia to Europe and North America.

Notably, nearly half of the commitments to GIPA II come from backers of the preceding GIP Australia Fund I, underscoring the enduring trust in GIP’s vision.

Australian institutions, in particular, have shown overwhelming support, contributing the lion’s share of the fund’s value.

GIPA II is strategically positioned as an open-ended fund with a laser focus on the Australasian region, aligning with GIP’s flagship equity strategy.

The fund is poised to seize lucrative investment opportunities bolstered by the region’s promising demographic trends, economic stability, and supportive regulatory landscape.

Moreover, the burgeoning demand for private infrastructure investment in the area further cements its potential.

The Australasian region is a hotbed for infrastructure activity, boasting a significant share of large-scale transactions on the global stage.

Currently, GIP’s portfolio includes nine significant infrastructure assets within Australia, a testament to its active and influential presence in the market.

With the successful capital raise for GIPA II, GIP is set to expand its footprint and continue its streak of strategic infrastructure investments in one of the world’s most dynamic markets.

“GIP has deep experience in, and a strong track record of, investing across Australia,” said Bayo Ogunlesi, Global Infrastructure Partners’ Chairman and Chief Executive Officer.

“Australia has always been an important market for GIP and our Australia Fund Platforms are an important and natural extension of our global reach.

We are excited by this successful fundraise, as we believe our team’s expertise and in-depth sector knowledge, combined with their ability to leverage GIP’s best-in-class infrastructure investing capabilities, will allow us to deliver on our investment objectives.”

“We are extremely grateful for the continued support and confidence of our investment partners,” said Rob Stewart, Managing Partner of Global Infrastructure Partners Australia. “We look forward to the opportunities ahead.”