IJInvestor’s Q3 2020 infrastructure fundraising data is in, and the picture isn’t as bad as one might have assumed some time ago.

In fact, the total amount raised for Q3 2020 is up 119.7% compared to the corresponding quarter last year (2018 holds the Q3 record). And while the last quarter (Q2 2020) was down 34.8% on the equivalent quarter in 2019, it was not the total collapse in fundraising that might have been expected given the coronavirus pandemic.

The shock of Covid-19 has served as a stress test for infrastructure, fundamentally challenging previously-held assumptions about certain asset types, most notably airports. But as the world economy recovers, limited partners are back to business, and appetite for infrastructure may be stronger than ever. It is, however, a K-shaped recovery, with core assets, digital infrastructure and ESG-linked sectors currently in high demand.

 In Q3 2020, 12 unlisted infrastructure funds reached a final close, raising $21 billion overall.

Just a sampling of IJInvestor’s proprietary, data-driven insights include:

• more than twice the amount of funds were raised in Q3 2020 than in Q3 2019 – 119.7% increase
• however, there were a lower number of funds year-on-year – 12 funds closed in Q3 2020 vs. 17 funds in Q3 2019
• Antin Infrastructure Partners IV set the Q3 final close record, achieving its hard cap of €6.5 billion
• unusual fund activity included the sizable Strategic Partners Infrastructure III, a fund-of-funds strategy
• GI Data Infrastructure demonstrated the growing interest in digital infrastructure
• more funds hit their target size than in: Q2 2020, Q1 2020, Q3 2019

To read the report in our research and analysis section, CLICK HERE...