DIF is a leading independent fund management company

We offer investors access to high-quality infrastructure assets through specialist investment funds




€ 5.6bn









* DIF in numbers, see our Funds for a more in depth view.

About us

DIF is a leading independent fund management company with ca. € 5.6 billion of funds raised. Through seven investment funds, DIF invests in high-quality infrastructure assets that generate long-term, stable cash-flows, including Public Private Partnership projects (PPP/PFI/P3), regulated assets, long term contracted renewable energy projects and other core infrastructure projects in the telecom, rail and energy sectors in Europe, North America and Australia.

In November 2017, DIF closed the fundraising for its new economic infrastructure strategy, DIF Core Infrastructure Fund I, raising € 450 million, beating the target of € 350 million.

In May 2018, DIF closed the fund raising for its latest core infrastructure fund, DIF Infrastructure V, at an increased hard-cap of € 1.9 billion total commitments. DIF Infrastructure V is now being invested.

DIF has a team of ca. 110 professionals located across its offices in Amsterdam (Schiphol), Paris, Frankfurt, London, Madrid, Luxembourg, Toronto and Sydney, providing it with access to the growing number of investment opportunities across Europe, North America and Australia. By being located in or close to its target markets, DIF can originate and manage investments efficiently. DIF has invested in nearly 200 infrastructure projects, with a total asset value of more than € 30 billion.

More about us



DIF Infrastructure III buys stake in Madrid hospital PPP from Sacyr

Madrid, Spain, 27 January 2016 – DIF increased its shareholding in Spanish hospital PPP project Puerta de Hierro Hospital of Majadahonda in Madrid through the purchase of the stake of Sacyr Concesiones.

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DIF Infrastructure IV acquires its first project in Australia, a 20MW solar project

Sydney, 18 January 2016 - DIF Infrastructure IV is pleased to announce the acquisition of 100% of the 20 MW Royalla solar photovoltaic power plant from Fotowatio Renewable Ventures (‘FRV’).

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DIF Infrastructure III reached closing on a prison PPP in France

Paris, 13 January 2016 – DIF Infrastructure III is pleased to announce that it has completed the purchase from Bouygues Energies & Services FM France, RBS and Dexia Credit Local of 55.5% of Theia SAS, who holds a portfolio of three operational prisons.

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DIF’s consortium selected as preferred bidder for Irish Schools Public PPP Bundle Five

London, 22 December 2015 - The Inspiredspaces consortium, consisting of Carillion and DIF Infrastructure IV, has been selected as the preferred bidder by the National Development Finance Agency on behalf of the Department of Education and Skills, to deliver Bundle Five of its schools Public Private Partnership programme, which comprises five schools located in counties Meath, Carlow, Wicklow and Wexford. Inspiredspaces is a 50:50 joint venture between Carillion and DIF.

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DIF Infrastructure III acquires 10MW solar project in Ontario

Toronto, 14 December 2015 – DIF Infrastructure III is pleased to announce the acquisition of the Illumination project, a 10 MW ground mounted PV solar project located in Scugog, Ontario, Canada.

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DIF and its consortium partners close the financing on the world’s largest sea-lock.

Schiphol, 21 October 2015 - The OPENIJ consortium, consisting of BAM PPP, PGGM, VolkerWessels and DIF have reached financial close on the design, construction and maintenance of a new sea lock at IJmuiden, the Netherlands. DIF, through its DIF Infrastructure III fund, is pleased...

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DIF closed the acquisition of a Gendarmerie barracks PPP in France

Paris, 14 October 2015 – DIF is pleased to announce that it has completed the acquisition from the French construction company, GCC, of a 95% stake in the Sathonay-Camp Gendarmerie PPP project. The ~€ 160 million project reached financial close in 2009 and construction was comple...

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DIF Infrastructure IV reaches final closing at €1.15 billion

Schiphol, 30 September 2015 – DIF, a leading independent fund manager, reaches final closing for DIF Infrastructure IV at €1.15 billion. DIF Infrastructure IV had a swift fund raise after formally launching the fundraising process in May 2015. A first closing was realised 28 July...

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DIF Infrastructure III increases stake in Canadian hospital

Toronto, 28 September 2015 – DIF Infrastructure III has acquired an additional 10% shareholding in the availability based P3 Royal Jubilee Hospital project located in Victoria, British Columbia. The shares are acquired from Lark Enterprises Ltd. DIF III increases its position to...

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DIF Infrastructure III acquires 2 operational toll road projects in Ireland

Schiphol, 15 September 2015 – DIF Infrastructure III is pleased to announce that it has signed agreements to acquire shareholdings in two operational toll road projects in Ireland from Cintra, the Spanish construction company. The acquisitions consist of a follow-on investment...

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DIF’s consortium closes landmark £4.2bn Thames Tideway Tunnel project

London, 24 August 2015 – DIF is pleased to announce that its consortium has today received the licence from the Water Services Regulation Authority (‘Ofwat’) to own and finance London’s £4.2 billion ‘super sewer’. The consortium, consisting of pension funds and other long-term i...

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DIF appoints new Partner

Schiphol, 19 August 2015 - DIF promotes its Head of Germany, Carl Jobst von Hörsten to Partner. Carl Jobst von Hörsten has been with DIF since 2008 as a Managing Director and Head of DIF Germany when DIF established its German operations. He is responsible for the origination, e...

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DIF Infrastructure V

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€ 1 900 000 000

DIF Core Infrastructure Fund I

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€ 450 000 000
fully invested

DIF Infrastructure IV

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€ 1 150 000 000
fully invested

DIF Infrastructure Yield I

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€ 750 000 000
fully invested

DIF Infrastructure III

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€ 800 000 000
fully realised

DIF Infrastructure II

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€ 572 000 000
Fully realised

DIF Renewable Energy

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€ 134 000 000
fully realised


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€ 120 750 000
fully invested

Ampere Equity Fund

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€ 350 000 000

DIF Co-investments

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€ 332 140 000
Investment cases


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