At a glance
- The first close is about 39% of the target, leaving roughly €913 million to raise.
- Strategy, fee terms and named investors were not disclosed.
- In August, CVC DIF's purchase of a majority stake in Frankfurt data center operator firstcolo gave Cube Infrastructure an exit, as Private Wealth Daily previously reported.
Cube Infrastructure has reached a €587 million first close for its fourth flagship fund, which is targeting €1.5 billion, AltAssets reported on Nov. 9.
The first close is about 39% of the target, leaving roughly €913 million to raise. Strategy, fee terms and named investors were not disclosed.
An allocator weighing a commitment can compare a €587 million first close with the €1.5 billion target and about €913 million left to raise.
In August, CVC DIF's purchase of a majority stake in Frankfurt data center operator firstcolo gave Cube Infrastructure an exit, as Private Wealth Daily previously reported.
Reported by the Fundraising desk from AltAssets. Published . Corrections