About This Fund
InfraRed Infrastructure V is a value-add infrastructure fund managed by InfraRed Capital Partners, a specialist infrastructure investment manager headquartered in London with more than two decades of experience across debt and equity infrastructure strategies. Launched in 2016, the fund represents the fifth generation of InfraRed's flagship value-add infrastructure series, which targets essential assets with the potential for operational improvement and capital growth across North America, Europe, and the United Kingdom. InfraRed Capital Partners operates as part of SLC Management, the institutional alternative asset management business of Sun Life Financial.
The fund pursues a value-add strategy, targeting infrastructure assets that offer attractive risk-adjusted returns through active asset management, operational enhancement, and strategic repositioning. Target sectors include renewable energy generation, energy transmission and distribution networks, digital infrastructure such as telecommunications towers and data connectivity assets, transportation infrastructure including road concessions and rail assets, and social infrastructure facilities. InfraRed's investment approach emphasises assets with strong ESG characteristics and medium-to-long-term contracted cash flows, focusing on transactions in the mid-market segment of the infrastructure universe where complexity and information asymmetry can be exploited to create value.
InfraRed Infrastructure V achieved its final close at approximately USD 1.2 billion in 2018, representing a successful fundraise from institutional investors including pension funds and sovereign wealth funds across North America and Europe. The fund succeeded InfraRed Infrastructure IV in the firm's series and was followed by InfraRed Infrastructure VI, which reached its USD 1 billion final close in 2022. InfraRed's predecessor infrastructure funds have consistently generated strong risk-adjusted returns, underpinning the firm's reputation as a leading mid-market infrastructure manager with a diversified portfolio spanning both core and value-add assets.