DIF Infrastructure III reaches third close at EUR 604 million
Schiphol, Monday 4 February 2013 – DIF, a leading independent fund manager, has reached the third close for DIF Infrastructure III and exceeded its target of € 600 million.
After its first close in May 2012, DIF Infrastructure III is well on track to reach its hard cap of € 750 million. The final close is planned for the end of this quarter.
DIF Infrastructure III will have a similar investment strategy to DIF Infrastructure II and will target investments in projects with long term stable cash flows, principally Public Private Partnerships (PPP) and renewable energy projects. As with its previous funds DIF Infrastructure III will focus on both primary and secondary investment opportunities, a strategy which enables DIF to generate an attractive immediate yield for its investors, while also achieving capital growth.
DIF is currently preferred bidder for a number of transactions in various countries in both the PPP and renewable energy space. DIF Infrastructure III closed its first 2 transactions in December 2012.
DIF is a fully independent dedicated fund management company focussed on infrastructure and renewable energy. In total DIF has raised € 1.4 billion of equity.
DIF has offices in Amsterdam, Frankfurt, London, Paris, Luxembourg and Toronto.
For more information, please contact:
Wim Blaasse, Managing Partner
Allard Ruijs, Managing Director