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Equitix Fund IV has been named as one of the infrastructure market’s likely top-performing funds

25 Oct 2017

Equitix Fund IV has been named as one of the infrastructure market’s likely top-performing funds by one of the main sources of data for the alternative assets industry. 

The 2017 Preqin Performance Monitor has selected the EF IV as one of five ‘Unlisted Infrastructure Funds to Watch’ with a current multiple of 1.48x. It is one of only two funds on the list with a European focus – the other with a multiple of 1.23x although the same 2015 vintage. 

EF IV held its final close in July 2017 with commitments of £758 GBP and it is 75% invested and committed to assets in traditional core infrastructure. These include the M25, Yorkshire Priority Schools PFI, Humber Gateway OFTO and the High Speed 1 rail link. Other sectors that the fund has invested in include social housing, student accommodation and waste & renewables.  

The fund is closed-ended and sterling-denominated and exceeded its target size of £500 million in early January 2017. EF IV secured equity commitments from UK and global investors including corporate and local authority pension funds, insurance companies, funds of funds, asset managers and investment consultants.