Morrison & Co, a specialist alternative asset manager headquartered in Australia, has hit the first close of its latest open-ended global infrastructure fund with more than $3 billion in commitments and co-investment capital from anchor investors.
In a statement, the firm said the new fund, Morrison & Co Infrastructure Partnership (MCO IP), has a global investment mandate, targeting assets in North America, the United Kingdom, Europe, Australia, and New Zealand. It focuses on the energy sector, other utilities, and data infrastructure.