I Squared Capital has closed its second infrastructure credit fund on over $2.4 billion, more than quadrupling the size of its predecessor due to strong institutional demand. The firm announced that total capital for the strategy has reached $3 billion, double the $1.5 billion target set at launch. Gautam Bhandari, Co-Founder and Global CIO, stated that infrastructure credit has become a standalone asset class, providing essential financing for power grids, fiber networks, and ports.
The fund focuses on senior financing for mid-market infrastructure companies in North America and Europe, targeting sectors including power generation, data centers, and logistics. Loans are secured by physical assets and backed by contracted or regulated cash flows.
Source: PE Insights · Summarized by HeadlinesBriefing