Ara raises over $500 million for inaugural infrastructure fund

Ara Partners, a global investment firm dedicated to the decarbonization of the industrial economy, has announced that it has exceeded its $500 million target for its debut infrastructure Fund, Ara Infrastructure Fund I. Inclusive of associated co-investment vehicles, Ara raised over $800m for its Ara Infrastructure strategy.

The Fund drew strong support from Ara's existing investor base and a diverse set of new institutional investors comprised of pension funds, insurance companies, sovereign wealth funds, endowments, and foundations from North America, Europe, and the Asia-Pacific region.

Ara Infrastructure is led by industry veterans George Yong and Teresa O’Flynn. The strategy targets mid-market infrastructure with a focus on developing new and re-purposing high quality legacy assets for the low carbon industrial economy.  Since launching the strategy in 2022, Ara Infrastructure has completed three investments, with a fourth commitment expected shortly. The Fund now owns 12 operational assets across North America and Europe.

Rede Partners is delighted to have supported Ara Partners as global placement advisor, having previously worked together on the raise of Ara‘s third Private Equity fund which closed at the hard cap of $2.8 billion in December 2023. We extend our warmest congratulations to the whole Ara team and look forward to our continued partnership.