I Squared Capital has raised almost $10bn in the first nine months of fundraising for its latest flagship infrastructure fund, roughly two-thirds of its $15bn target, according to a report by Bloomberg citing a recent letter sent to investors.
The firm, founded by former Morgan Stanley executives, is competing with other private equity managers for stakes in energy, transport, and data centre assets.
Across its various strategies I Squared is reportedly approaching $17bn in total fundraising. Th...
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