June 24, 2019 |
CMB Prime and LarrainVial said they have raised $400m to form the largest infrastructure fund in Chile with contributions from private pension funds and insurance companies, among other investors.
CMB LV Infraestructura III is CMB's third infrastructure fund and the first since LarrainVial agreed to buy half of Chilean asset management firm in June last year.
The new fund will invest in both greenfield and brownfield projects in energy, transportation, water treatment and telecommunications, a
Pension funds and insurers contribute to the $400m investment vehicle