Strategy Intelligence

Infrastructure Fund Intelligence

Infrastructure investing has grown into a $1 trillion asset class, driven by the global energy transition, digital infrastructure buildout, and aging transportation networks. Core infrastructure funds targeting regulated assets offer stable, inflation-linked returns, while value-add and opportunistic strategies pursue higher returns through development risk and emerging market exposure. Government policy is a primary driver, with the US Inflation Reduction Act, EU Green Deal, and UK National Infrastructure Strategy creating tailwinds for private capital. Infrastructure managers are attractive GP stakes targets due to their long-duration fee streams and sticky investor bases. Our coverage spans traditional infrastructure (toll roads, airports, utilities) and next-generation assets (data centers, fiber networks, renewable energy). Fund performance data shows infrastructure delivering consistent mid-teens returns with lower volatility than private equity.

GPs Tracked
97
Total AUM
$58760.1T
Funds with Data
12
Avg Net IRR
23.6%

Top Infrastructure GPs by AUM

#GP NameHQFoundedAUMStakeability
1Brevan Howard DigitalLondon, UKN/A$26000.0T69%
2ParadigmSan Francisco, CAN/A$12663.3T77%
3Multicoin CapitalAustin, TXN/A$5949.3T75%
4Andreessen Horowitz CryptoMenlo Park, CAN/A$4400.0T79%
5Griffin Gaming PartnersSanta Monica, CAN/A$1500.0T72%
6Jump CapitalChicago, ILN/A$1000.0T69%
7Hashkey CapitalHong KongN/A$1000.0T72%
8Mirana VenturesSingaporeN/A$1000.0T72%
9BlockTower CapitalNew York, NYN/A$500.0T67%
10Galaxy Digital VenturesNew York, NYN/A$500.0T67%

Top Performing Infrastructure Funds

Fund NameManagerVintageNet IRRNet Multiple
LS Power Equity Partners V, L.P.LS Power2023133.0%1.39x
CIM Infrastructure Fund III, L.P.CIM202229.6%1.71x
GCM US Partnership Opportunities, L.P.GCM US Partnership202218.4%1.18x
Blackstone Infrastructure Partners L.P.Blackstone201816.8%1.73x
Strategic Partners Real Assets II, L.P.Strategic201716.1%1.67x
NGP Natural Resources XII, L.P.NGP Natural Resources201715.8%1.64x
ISQ Global Infrastructure Fund III, L.P.ISQ202014.7%1.22x
GCM Grosvenor Customized Infrastructure Strategies II, LPGCM Grosvenor Customized201613.8%1.58x
Brookfield Global Transition Fund, L.P.Brookfield202110.7%1.18x
International Infrastructure Finance Company II, L.P.International20179.4%1.33x
DIF Infrastructure Fund VII SCSpDIF20229.1%1.10x
Denham Mining Fund, L.P.Denham Mining2017-4.3%0.84x

Geographic Distribution

Unknown
57 GPs
US
12 GPs
UK
6 GPs
Singapore
4 GPs
Hong Kong
4 GPs
United States
2 GPs
Germany
2 GPs
India
2 GPs
China
2 GPs
Brazil
1 GPs

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