HarbourVest Partners announced the final closing of its dedicated core infrastructure vehicle Adelaide at $384 million.
The fund builds on the team’s track record dating back to around the time of the global financial crisis. The strategy targets long-term, low-risk, cash-generating core and core plus infrastructure assets, principally located in North America, Western Europe and Australia. The fund’s deal-oriented strategy is to focus on growing opportunities for liquidity solutions in the efficient core infrastructure market, which drives stronger return potential, officials said.
The HarbourVest team has been investing in . . .
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