Infrastructure investor I Squared Capital aims to raise as much as $6.5 billion in a new global fund to tap rising demand for infrastructure assets and has already won commitments for a large chunk of the sum, people familiar with the matter said.
I Squared already had around $5 billion in committed investments for the fund last month, when it announced the acquisition of Hutchison Telecommunications Hong Kong Holdings’ fixed-line assets for $1.9 billion, said two of the people.
