Water Industry News
Brown Reaches Final Close On Wholesale European Infrastructure Fund
12/5/2007 4:34:11 PM Babcock & Brown on Wednesday said that it has
reached final close on the Babcock & Brown European Infrastructure
Fund or BBEIF with total commitments of €2.17 billion or A$3.8 billion,
exceeding its initial target of €1.5 billion.
BBEIF will target additional investments in the energy, water and
transport sectors as well as other critical infrastructure assets.
Babcock & Brown said the fund would benefit from its network of more
than 420 infrastructure originators and specialists worldwide.
Babcock & Brown is an international investment and specialised fund
and asset management group.