AIIM's final close of infrastructure-focused AIIF4 fund exceeds $748m target

Infrastructure equity management company African Infrastructure Investment Managers (AIIM) has achieved the final close of its fourth pan-African infrastructure fund African Infrastructure Investment Fund 4 (AIIF4). The fund raised $748-million from a diverse investor base across Africa, Europe, Canada, the US, the Middle East and Asia, thereby achieving its hard-cap, with an additional $206-million approved for co-investments alongside it.