The capital adds to its existing raise from June

Morgan Stanley Infrastructure Partners (MSIP) announced it has raised $5.5 billion for North Haven Infrastructure Partners III. The private infrastructure investment team within Morgan Stanley Investment Management (MSIM) raised that money side months after the fund’s initial close in June.

North Haven Infrastructure Partners III infrastructure investors include public and private pension funds, sovereign wealth funds and insurance companies.

“We are grateful for the trust and support from both our long-standing partners as well as new investors,” said Markus Hottenrott, CIO for MSIP. “We are confident that our active approach to value creation, together with the reach of the Morgan Stanley platform, will continue to deliver results for our clients.”

About Morgan Stanley Infrastructure Partners

MSIP invests in private infrastructure assets and companies that could transform into core infrastructure assets. North Haven Infrastructure Partners III will pursue opportunities that can benefit from operational efficiency improvements and value creation initiatives.

The team’s focus sectors include Transportation, Power Generation (including Renewable Generation), Natural Gas Infrastructure and Digital Infrastructure. The team has already announced two investments for the fund. They are: PNE AG, a German onshore wind power company, and Fiber of Portugal, the largest fiber network in Portugal.

“Private alternatives continue to be an area of focus for [MSIM] and our clients, and we are pleased that Morgan Stanley Infrastructure Partners’ differentiated approach has resonated strongly with investors,” said Dan Simkowitz, Head of MSIM.

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