Fengate announces final close of US$1.1 billion flagship infrastructure fund above target

1/23/2025

|

Press Release

• Subcategory: Capital Markets: Equity, Capital Markets: Fund, Industrial: Data Centers

• Tag: Closing | Investment | Press Release

• Additional Filters-Subcategory: Capital Markets: Fund-Co-Investment, Industrial: Infrastructure

• Company: Fengate Asset Management

Fengate Asset Management (‘Fengate’) today announced the final close of its flagship closed-ended infrastructure fund, Fengate Infrastructure Fund IV (‘Fund IV’ or ‘the Fund’) at US$1.1 billion, exceeding its fundraising target.

In 2024, Fengate raised US$200 million for Fund IV co-investment vehicles, US$550 million for eStruxture Data Centers continuation vehicles, and US$140 million for Fengate Infrastructure Yield Fund, for a total of US$2 billion including Fund IV commitments.