At launch, CION Grosvenor Infrastructure Fund will consist of a $240 million portfolio invested across 43 infrastructure assets and $82 million in additional committed capital.
Openstone Infraworld will initially target four funds managed by Macquarie, Partners Group, and Ares, including strategies focused on infrastructure secondaries.
Pantheon Global Infrastructure Secondaries Fund will target global opportunities across digital infrastructure, power and utilities, renewables, transport, and social infrastructure.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
The increase was driven by continued strength in the firm's evergreen strategies, notably in AlpInvest and asset-backed finance, according to CFO Justin Plouffe.
The recently registered interval fund, sub-advised by GCM Grosvenor, will target real asset investments through secondary, primary, co-investment, and listed transactions.
We highlight the key features of the Cliffwater-managed interval fund, which will target capital-intensive private real assets through secondary, primary, and direct investments.