Global Infrastructure Partners announced the conclusion of their fund raising efforts for their first fund. The private equity firm raised $5.6 billion through May 2008. GIP invests worldwide in infrastructure assets in both OECD and select emerging market countries in energy, transport, water, and waste management sectors.
It only took $5.6 billion, but their website is finally live. Unlike many private equity firms, GIP does a nice job informing site visitors of their current investments and overall objectives.