2024 Universal Registration Document (Antin Infrastructure Partners)

Summary

• Antin completed the final closing of Flagship Fund V in December 2024 at €10.2 billion, exceeding its target commitments.p.5
• Total Assets Under Management reached €33.3 billion as of 31 December 2024, representing an increase of 7.2% over the year.p.8
• Fee-paying Assets Under Management grew by 7.3% in 2024 to reach €21.6 billion.p.8
• Realised gross returns across active funds reached a 2.5x gross multiple and a 22% gross IRR since inception.p.8

Key insights

1. Flagship Fund V raised €10.2 billion, making it the largest infrastructure fund worldwide to close in 2024.p.5
2. Antin has invested more than €5 billion in equity across its funds into companies facilitating the sustainable transition.p.5
3. The fundraising for Flagship Fund V expanded Antin's global investor base by adding 120 new client relationships.p.5
4. Antin completed the final exit of Flagship Fund II via the sale of Grandi Stazioni Retail at a 2.6x Gross Multiple.p.5
5. Antin aims to increase the proportion of equity invested in portfolio companies with Science Based Targets from 15% today to 100% by 2040.p.5