Loyens & Loeff advises DIF Capital Partners on EUR 1 billion Core Infrastructure Fund II
Loyens & Loeff advised DIF Management B.V., an independent infrastructure fund manager, on Dutch and Luxembourg legal and tax aspects of the setting up, structuring, fundraising and closing of DIF Core Infrastructure Fund II.
DIF CIF II targets equity investments in the small- and mid-sized economic infrastructure market in pre-dominantly telecom, transportation and energy. DIF CIF II focuses on resilient companies and platforms that have a clear buy-and-build strategy – all with an asset-heavy business model. Its investments typically have medium-term contract cover and strong value enhancement potential. The fund targets both greenfield and operational investments, with a key focus on Europe and North America.
The fund closed above its target fund size of EUR 1 billion, an amount that is more than twice that of its successor fund, DIF CIF I, which held its final close in November 2017 at €450 million.
We congratulate DIF with this successful fund raise!
About DIF Capital Partners
DIF Capital Partners is an independent infrastructure fund manager, with €8.5 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, North America, Latin America and Australasia. It focuses on small and mid-sized economic infrastructure assets in the telecom, transportation, and energy sectors. DIF has a team of over 150 professionals, based in nine offices located in Amsterdam (Schiphol), Frankfurt, London, Luxembourg, Madrid, Paris, Santiago, Sydney and Toronto.
For more information about the fund, please refer to the client’s website.
Joep OttervangerPartner Attorney at law
Joep Ottervanger, attorney at law, is a member of the Investment Management practice group in our Amsterdam office. He focusses on investment management structures and fund formation and is active both on the GP and LP side.T: +31205785203 M: +31612375052 E: [email protected]
Robert VeenhovenSenior associate Tax adviser
Robert Veenhoven, senior tax adviser, is a member of the Investment Management practice group in our Amsterdam office. He advises fund managers, in particular, active in the fields of Private Equity, Venture Capital and Infrastructure, on fund formation, management participations and deal structuring.T: +31 20 578 52 38 M: +31 6 31 92 90 51 E: [email protected]