Strategy Intelligence

Infrastructure Fund Intelligence

Infrastructure investing has grown into a $1 trillion asset class, driven by the global energy transition, digital infrastructure buildout, and aging transportation networks. Core infrastructure funds targeting regulated assets offer stable, inflation-linked returns, while value-add and opportunistic strategies pursue higher returns through development risk and emerging market exposure. Government policy is a primary driver, with the US Inflation Reduction Act, EU Green Deal, and UK National Infrastructure Strategy creating tailwinds for private capital. Infrastructure managers are attractive GP stakes targets due to their long-duration fee streams and sticky investor bases. Our coverage spans traditional infrastructure (toll roads, airports, utilities) and next-generation assets (data centers, fiber networks, renewable energy). Fund performance data shows infrastructure delivering consistent mid-teens returns with lower volatility than private equity.

GPs Tracked
21
Total AUM
$9B
Funds with Data
12
Avg Net IRR
23.6%

Top Infrastructure GPs by AUM

#GP NameHQFoundedAUMStakeability
1Antarctica CapitalUSN/A$2B30%
2Albion CapitalUKN/A$2B37%
3Pavilion Alternatives GroupUKN/A$1B25%
4Aquamarine Investment PartnersUSN/A$1B32%
5Wealth Management PartnersNetherlandsN/A$723M28%
6Gresham HouseUKN/A$374M41%
7London CIVUKN/A$374M25%
8TIFFUSN/A$342M49%
9Round Hill Music Royalty PartnersUSN/A$226M33%
10AECOM CapitalUSN/A$150M32%

Top Performing Infrastructure Funds

Fund NameManagerVintageNet IRRNet Multiple
LS Power Equity Partners V, L.P.LS Power2023133.0%1.39x
CIM Infrastructure Fund III, L.P.CIM202229.6%1.71x
GCM US Partnership Opportunities, L.P.GCM US Partnership202218.4%1.18x
Blackstone Infrastructure Partners L.P.Blackstone201816.8%1.73x
Strategic Partners Real Assets II, L.P.Strategic201716.1%1.67x
NGP Natural Resources XII, L.P.NGP Natural Resources201715.8%1.64x
ISQ Global Infrastructure Fund III, L.P.ISQ202014.7%1.22x
GCM Grosvenor Customized Infrastructure Strategies II, LPGCM Grosvenor Customized201613.8%1.58x
Brookfield Global Transition Fund, L.P.Brookfield202110.7%1.18x
International Infrastructure Finance Company II, L.P.International20179.4%1.33x
DIF Infrastructure Fund VII SCSpDIF20229.1%1.10x
Denham Mining Fund, L.P.Denham Mining2017-4.3%0.84x

Geographic Distribution

US
11 GPs
UK
5 GPs
Germany
2 GPs
Australia
1 GPs
Netherlands
1 GPs
Russia
1 GPs

Get Full Infrastructure Intelligence

Access detailed profiles, fund performance data, and health scores for every Infrastructure GP in our database.

Get Full Access

Related Research

Learn More

Explore Other Strategies