This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ9M09R_L.jpg
The fund, called West Street Infrastructure Partners IV, closed in line with its target and was backed by institutional investors, wealthy clients and bank employees, the firm said in a statement.
The fund has already committed $2.3 billion to eight companies across sectors, including Synthica Energy, a developer and operator of organic renewable gas plants.
“The infrastructure asset class is positioned to benefit from some of the most exciting secular tailwinds associated with decarbonization, digitization, de-globalization and demographics,” said Scott Lebovitz, co-head of Infrastructure at Goldman Sachs Asset Management.
The company had raised about $1 billion of equity commitments for its inaugural infrastructure secondaries fund, Vintage Infrastructure Partners, last month.
