French private investment house Ardian has closed a $2bn Americas-focused infrastructure fund.
Ardian Americas Infrastructure Fund V (AAIF V) will invest in high-quality, mid-market US and other OECD American essential infrastructure assets in energy transition and other sectors.
The Ardian Infrastructure team now has over $21bn assets under management across the world.
AAIF V was oversubscribed and is larger than the inaugural AAIF IV which raised US$800mm in 2018.
The successful fundraise attracted over 60 investors from 17 countries across the Americas, Europe, Middle East and Asia, comprising major pension funds, insurance companies, sovereign wealth funds, Fund of Funds, endowments and high-net-worth investors.
“We are thankful for the support of our new and existing investors.
“The success of our latest fundraise clearly demonstrates their continued trust in our approach.
“We will continue to prioritise long-term value creation through our disciplined industrial approach,” said Mathias Burghardt, head of Ardian Infrastructure.
Since Ardian launched its dedicated Americas infrastructure fund in 2018, the team has deployed more than $1bn in six investments across the energy, renewables and transportation sectors.
The team will continue to leverage its international network of industrial partners, construction companies and infrastructure operators, while continuing its approach of developing long-term relationships with local stakeholders, communities and regulators.
Ardian claims it is a pioneering manager in decarbonising infrastructure assets in line with global climate change agreements and is developing a renewable energy portfolio and introducing energy efficiency policies across all of its portfolio companies.