Israel Infrastructure Partners unveils $350m debut fundraise

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Israel Infrastructure Partners has launched its $350m debut fund to invest across the burgeoning infrastructure space in the country.

The Tel Aviv-based firm is set to tap the fund to invest in assets across the infrastructure sector, in segments such as defence, communications, energy, power & renewables, transportation, utilities and water.

The fund is targeting investments between $15m and $35m, but is also open to co-investments on larger deals. IIP has planned to deploy the majority of its capital within Israel, according to its website.

IIP managing partner Shalom Mizrahi, said “Our goal is to achieve returns through the investment and operational improvement of infrastructure assets, which are important to the functioning of Israel’s economy.

“We look to use these investments to generate current income and capital appreciation for our investors”

IIP was co-founded by managing partners Mizrahi and OD Kobo. Prior to establishing IIR, Kobo also co-founded PIR Equities in 2008, while Mizrahi was head of the $600m-managing Shamoon Family Office.

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