Morgan Stanley Infrastructure Partners, the private infrastructure investment team within Morgan Stanley Investment Management, announced that it has raised US$ 5.5 billion for North Haven Infrastructure Partners III, six months after the fund’s first close on June 19, 2019. North Haven Infrastructure Partners III includes some of the world’s largest and most sophisticated institutional infrastructure investors, including public and private pension funds, sovereign wealth funds, and insurance companies.

A global platform, Morgan Stanley Infrastructure Partners invests in private infrastructure assets and companies with the potential to be transformed into core infrastructure assets. Consistent with its predecessor funds, North Haven Infrastructure Partners III will pursue opportunities that can benefit from operational efficiency improvements and value creation initiatives. The team’s focus sectors include Transportation, Power Generation (including Renewable Generation), Natural Gas Infrastructure and Digital Infrastructure. The team has already announced two investments for the fund: PNE AG, a German onshore wind power company, and Fiber of Portugal, the largest fiber network in Portugal.