- GCM Grosvenor (GCMG, Financial) successfully closes Infrastructure Advantage Fund II with $1.3 billion.
- The fund marks a nearly 50% increase from its predecessor fund's $893 million in 2020.
- Investments will target transportation, energy transition, and digital infrastructure sectors.
GCM Grosvenor (GCMG), a leading global alternative asset management firm, announced that its Infrastructure Advantage Fund II (IAF II) has achieved a final close with commitments totaling $1.3 billion. This new fund represents a significant nearly 50% increase from the inaugural fund, which closed at $893 million in 2020.
The final close of IAF II was completed on March 31, 2025. The fund successfully attracted 58 investors from the United States and Canada, focusing on a diverse portfolio that encompasses critical infrastructure sectors such as transportation, energy transition, and digital infrastructure.
Since its inception in 2018, GCM Grosvenor's Infrastructure Advantage Strategy has managed nearly $2.5 billion in assets and has contributed over $8 billion in total economic impact across North America. The strategy continues to prioritize partnership with organized labor and stakeholders to support infrastructure projects with long-term community and economic benefits.
"We are grateful for the continued confidence of our investors, who share our vision of effectively deploying infrastructure capital in the U.S. and Canada," stated Michael Sacks, Chairman and CEO of GCM Grosvenor. "We look forward to building on the success of Fund I and delivering value to our IAF II investors."
