GIP Australia Fund II Announces A$4.0 Billion Final Closing

NEW YORK–(BUSINESS WIRE)–Global Infrastructure Partners (“GIP”), a leading infrastructure investor, announced today that the GIP Australia Fund II (“GIPA II” or “the Fund”) has completed fundraising with aggregate committed capital of A$4.0 billion, at the upper end of the target A$3.0 – 4.0 billion range.

GIPA II has commitments from institutional investors across Australia, Asia, Europe and North America. A number of these investors also participated in the GIP Australia Fund I and account for nearly half of GIPA II’s commitments. The majority of GIPA II’s commitments, by value, are from Australian institutions.

GIPA II is a dedicated Australasia-focused open-ended fund that extends GIP’s Flagship equity strategy to opportunities across the region. The Fund seeks to capture attractive investment opportunities in areas that are underpinned by favorable demographic, economic, and regulatory conditions coupled with a rapidly growing demand for private infrastructure investments. The region represents one of the most active infrastructure markets globally with a high proportion of large-scale transactions. GIP currently manages investments in nine infrastructure assets in Australia.

“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.”

About Global Infrastructure Partners

GIP is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. With decarbonization central to our investment thesis, we are well positioned to support the global energy transition. Headquartered in New York, GIP has offices in Brisbane, Dallas, Hong Kong, London, Melbourne, Mumbai, Singapore, Stamford and Sydney.

GIP has approximately $112 billion in assets under management. Our portfolio companies have combined annual revenues of approximately $73 billion and employ over 115,000 people. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our investors’ capital and to create positive economic impact for communities. For more information, visit www.global-infra.com.

Contacts

Media Inquiries
Mustafa Riffat

Managing Director & Global Head of Communications

mustafa.riffat@global-infra.com