The first half of 2023 was marred by rising interest rates and lowest fundraising in recent years. Investors continued to pile into the 5 largest infrastructure funds, continuing a trend over the last 4.5 years.
Half-year fundraising was at its lowest level since the first half of 2019, IJGlobal data show. H1 saw just $12.3 billion of capital raised. This was a 90% drop from the H1 2022, which recorded $127.1 billion capital raised, and was the highest amount raised in the past 4 years.
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