TIIC – Closing of second fund

Portuguese manager TIIC has reached final close on its second infrastructure equity fund, as it targets opportunities in the Nordics. The manager has raised just above EUR 300m, slightly above the initial target it had in mind by final close, but below an undisclosed targeted hard cap. The funds raised are more than twice the amount raised for TIIC Fund, which reached EUR 140m by final close in 2010.