Data & Intelligence

Infrastructure Data Insight (Year-End 2019)

Infrastructure funds raised USD5.2b in 2019, led by closes for Actis and NIIF funds

EM-focused infrastructure fund managers raised USD5.2 billion in 2019, led by commitments to two landmark funds: the USD1.2 billion Actis Long Life Infrastructure Fund and National Infrastructure Investment Fund’s Master Fund, which reached a fourth close of USD2.1 billion. The largest infrastructure funds to reach a close in 2019, they also represent a shift in EM infrastructure investing. Both funds hold a mandate to exclusively invest in operational infrastructure assets for a long-term hold, rather than pursuing greenfield and development-stage opportunities for shorter holding periods. ‘Core’ infrastructure funds have historically been more common in developed markets. That they are becoming more prevalent in emerging markets points to a maturing infrastructure landscape with more operational, income-generating assets available than ever before.

EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company