GIP Raises $7.5B For Second Infrastructure Fund

Law360, New York (July 31, 2012, 2:33 PM EDT) -- Private equity fund manager Global Infrastructure Partners Ltd. has raised about $7.5 billion for its second fund, topping other recent efforts by rivals aimed at grabbing stakes in major energy and infrastructure projects, according to Monday regulatory filings.

The newly raised capital is spread through three different sections of the Global Infrastructure Partners II fund, including a feeder fund section, according to filings with the U.S. Securities and Exchange Commission. Not yet finished with the money-raising, the fund is already nearly double the $4 billion that...
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