By Benjamin Horney ( August 8, 2017, 4:39 PM EDT) -- New York-based private equity investment manager I Squared Capital is hoping to raise up to $6.5 billion for a new infrastructure fund, according to a Tuesday report from Reuters. According to the report, the firm has already gotten commitments from a number of investors. I Squared's recent acquisition of Hong Kong-headquartered conglomerate CK Hutchison Holdings Ltd., worth roughly HK$14.5 billion ($1.86 billion), will be partially paid for using capital from the new fund, the report noted....
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