CMB Prime and LarrainVial Close Third Infrastructure Fund at USD400 Million

Source(s): CMB Prime, BNamericas

CMB Prime, a Chile-focused infrastructure investor, and LarrainVial, a Chile-based financial services firm, have reached a final close for CMB LV Infraestructura III with USD400 million in capital commitments. Investors in the fund include Chilean pension funds and insurance companies. The fund will pursue both greenfield and brownfield opportunities in the energy, transportation, water, and telecommunications sectors in Chile and will look to partner with global infrastructure investors interested in the country.