Global real assets investment firm Patrizia has teamed up with Japanese giant Mitsui for a new Asia Pacific infrastructure fund, which will be shopping for Australian investments in the near term.
Patrizia, based in Germany, has launched its new APAC Sustainable Infrastructure Fund with an initial $US110 million in firepower, and hopes to secure investor commitments worth $US500 million to $US1 billion.
The fund will make mid-market infrastructure investments in developed APAC countries, including Australia and New Zealand, and will target solar and wind farms, battery storage, data centres, healthcare and education facilities and the like.
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