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On March 7th, QIC announced the final close of its global infrastructure fund, having raised $2.35 billion and far exceeding its $1.75 billion target. In an exclusive in The Australian, QIC was described as “a significant player in challenging foreign investment into Australian infrastructure”. Quoted in the article, Ross Israel – QIC’s head of global infrastructure – welcomed the fund’s offshore investors and said the fund “confirmed the ongoing interest in long-life, low-risk assets that were attracting high prices at a time of low interest rates and global macroeconomic uncertainty.
Read the story: QIC taps globe to fund infrastructure - The Australian
