abrdn, formerly known as Aberdeen Standard Investments, has held a first close for its third core/core+ infrastructure fund on €326m with LPs from the UK, continental Europe, Japan and North America.
€1bn-targeting Aberdeen Standard Core Infrastructure Fund III will focus on direct investments in European mid-market infrastructure opportunities across utilities, energy, transportation and digital segments under the themes of energy transition, transport decarbonisation and digitisation. It will look to build a portfolio of 8-12 investments.
Aberdeen Standard Investments rebranded to abrdn last September. It has £456.6bn of assets under management.
The firm picked up €669m of commitments for SL Capital Infrastructure Fund II, and another €150m through a segregated account.
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