The Aberdeen Global Infrastructure Partners II LP Fund has brought in investor commitments to infrastructure, totalling $2.3bn (£1.4bn).
Assets that are key to the fund’s investment protocol include social and economic infrastructure projects underpinned by long–term government contracts. The managers will also invest in all major sectors of social and economic infrastructure including health, education, social housing, government accommodation, roads, bridges, rail, rolling stock and waste management.
The asset manager believes that outside Europe, the potential for investment in infrastructure is promising with Australia and North America taking the lead.
Fund manager Gershon Cohen leads the 24-member team, who already invests in over 90 projects around the world. Team members are based locally to oversee investments in order to identify new opportunities.
“We will employ the same investment approach as we do for our other mandates. Our focus is on undertaking rigorous due diligence before investing; leveraging off the numerous deep relationships we have built with industry partners across different geographies and sectors and being actively involved with projects,” Cohen commented.
