Top private equity news of the week

I Squared Capital is approaching $10bn in commitments for its next flagship infrastructure fund, highlighting strong investor appetite for infrastructure investments.

The firm expects to reach roughly two-thirds of its $15bn fundraising target once the initial round closes later this month. The milestone comes less than nine months after the vehicle launched.

The fundraising reflects growing institutional demand for infrastructure assets such as electricity grids, transport networks, and data centres. Private equity investors have increasingly stepped in to finance critical infrastructure as governments seek to modernise ageing systems.

Copenhagen Infrastructure Partners has raised €1.3bn, approximately $1.4bn, at first close for its flagship credit strategy, CI Green Credit Fund II.

The fund is targeting a total raise of €2bn and includes commitments across a closed-ended fund, an evergreen vehicle, and discretionary co-investment structures.Institutional investors including sovereign wealth funds, insurance companies, and pension funds participated in the first close. Copenhagen Infrastructure Partners also committed capital to the strategy, signalling strong internal conviction in the fund.

The strategy will provide credit financing to renewable energy projects and energy transition companies. Investments will focus primarily on OECD markets, particularly Europe, North America, and selected Asia-Pacific jurisdictions.

Ardian has partnered with a subsidiary of the Abu Dhabi Investment Authority to launch a dedicated real estate secondaries investment platform.

The initiative expands the long-standing relationship between the two investors and reflects growing demand for liquidity solutions in the real estate secondaries market. Global transaction volumes in the segment reached approximately $20bn in 2025.

Ardian is widely recognised as a pioneer in the secondaries market, particularly in private equity and infrastructure. The firm has previously executed real estate secondaries investments on an opportunistic basis but is now formalising the strategy through a dedicated platform.