Quaero Capital hits €600M hard cap for latest infrastructure fund

Geneva-based Quaero Capital has raised €600 million for its second European infrastructure fund, exceeding an initial €500 million target. The fund is more than double the size of its predecessor, which closed on €275 million in 2017. The new vehicle will focus on both greenfield and brownfield infrastructure projects throughout Europe, investing in energy, transport, utilities and other sectors.