Copenhagen Infrastructure Partners closes new Danish fund structure at EUR 3.5 billion hard cap10.04.2018
Copenhagen Infrastructure Partners (CIP) has announced that it has raised its third infrastructure fund, Copenhagen Infrastructure III K/S (CI III), with total commitments reaching its hard-cap of EUR 3.5 billion. A global investor base with 42 institutional investors from Australia, Asia, Continental Europe, UK, and Israel have committed to CI III.
CI III will primarily invest in regulated and long-term contracted energy infrastructure assets. CI III has a strong investment pipeline, which includes ownership or exclusivity rights to more than 15 projects currently being developed towards financial close.
Bruun & Hjejle acted as fund counsel, including in respect of tax and regulatory advise. In structuring and advising on the structure, compliance and terms for CI III, Bruun & Hjejle has built on its extensive experience regarding fund formation and alternative investment structure.
Bruun & Hjejle’s fund formation practice includes a team of 15 professionals with market leading knowledge of alternative investment structures and related tax and regulatory aspects and a first class network of advisors in relevant jurisdictions.