About This Fund
Golding Infrastructure Co-Investment 2023 is the third-generation dedicated infrastructure co-investment vehicle launched by Golding Capital Partners, targeting direct equity co-investments alongside leading infrastructure general partners in Europe and North America. The fund held its first close at approximately €212 million in 2023—representing over one-third of its €600 million target volume—and has already commenced capital deployment, with approximately 30% of committed capital called following the first investment.
The fund focuses on core-plus and value-add infrastructure assets structured around four structural global megatrends: electromobility and charging infrastructure, renewable energies and the energy transition, sustainable transport and logistics, and the circular economy. Classified as an Article 8 product under the EU Sustainable Finance Disclosure Regulation (SFDR), the fund incorporates ESG criteria across the portfolio and aligns with the UN Sustainable Development Goals. The geographic allocation targets Europe as the primary market (minimum 50%), with up to 40% in North America and up to 20% in other markets. Approximately 15 co-investments are planned for the final portfolio.
Golding Capital Partners manages the fund from Munich, drawing on decades of infrastructure co-investment experience across a proprietary network of leading infrastructure GPs. The fund targets a net return of 10 to 11 percent per year with a planned fund life of 15 years plus one optional extension year. Over 20% of capital in the first close came from new investors to Golding, reflecting strong institutional demand for the third infrastructure co-investment strategy. Minimum commitment is €10 million.