AXA Private Equity raises 1.75bil euros for infrastructure


LONDON: The private equity arm of French insurance giant AXA has raised 1.75 billion euros for investments in European infrastructure, in a further sign of buoyant demand for road, rail and energy assets.

The AXA Infrastructure Fund III, the group's largest to date, closed with 1.45 billion euros while investors committed a further 300 million euros for investments outside the fund.

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