Goodwin advised Antin Infrastructure Partners on the closing of its first dedicated mid cap fund, Antin Infrastructure Partners Mid Cap Fund I, significantly exceeding its €1.5 billion target to reach a €2.2 billion hard cap.
The strategy of Antin Infrastructure Partners Mid Cap Fund I will be consistent with the approach underpinning Antin’s prior funds in all aspects, except that it will focus on mid cap opportunities. The fund will target infrastructure investment opportunities in the energy and environment, telecom, transport and social sectors across Europe and North America. The fund will be managed by the same team that invests Antin’s flagship funds and will leverage the firm’s existing origination capabilities and extensive industry relationships.
Raised primarily from Antin’s existing investors over the first four months of 2021, the new fund exceeded its €1.5 billion target. The €2.2 billion hard cap was established at the first closing in recognition of the significant investment opportunity in the mid cap segment and to facilitate commitments from several new investors, particularly in North America and the UK.
The Goodwin team was led by partner Arnaud David, and included Ed Hall, Benjamin Yeoh, Samiha Sumar and Alexandra Finlayson on fund formation aspects, Laura Charkin, William Weiss, Sonita Bennitt and Asta Evans on tax aspects, Brynn Peltz on US regulatory aspects and Patrick S. Menasco and Bibek Pandey on ERISA aspects.