GCM Grosvenor (GCMG) said Tuesday it closed its Infrastructure Advantage Fund II after securing $1.3 billion in commitments, greater than the $893 million of its predecessor fund that closed in 2020.
The fund, which obtained commitments from 58 investors across the US and Canada, will target a diverse portfolio of infrastructure assets, including transportation, energy transition, and digital infrastructure, the asset management firm said.
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