Meridiam has raised 鈧�1.3bn for an infrastructure fund targeting Europe.
The investment manager said it attracted more than 鈧�2.2bn for Infrastructure Europe III in four months.
The capital raised for the vehicle takes the firm鈥檚 total assets under management to 鈧�5bn.
The fund will prioritise green and low carbon infrastructure.
Thierry D茅au, founder and CEO of Meridiam, said it had received strong support from institutional investors in Europe.
鈥淥ur 25-year fund has proved an increasingly popular fund structure, aligning the interest of public sponsors with long-temr investors to embrace the presing issues of the day,鈥� he said.
Meridiam, which was founded in 2005 and has offices in Europe, the US, Canada, Turkey and Africa, recently invested in a Portuguese road concession for its second infrastructure finance fund. The fund, which reached final closing in 2012 at 鈧�934m, has invested in 13 projects in Finland, France, Poland, Slovakia, Spain, Turkey and the UK.
The firm also runs its climate change-focused Transition fund and a separate fund focused on Africa.
