GIP closes debut emerging markets fund at $2.1b; below reported target of $5b

GIP closes debut emerging markets fund at $2.1b; below reported target of $5b

Photo by David Martin on Unsplash

New York-based Global Infrastructure Partners (GIP) has closed its debut emerging markets infrastructure fund with an aggregate capital commitment of over $2.1 billion, according to a statement. Earlier media reports had stated that the fund was looking to raise $5 billion.

Edited by: Pramod Mathew

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