Raiffeisen reaches first close on debut €150M infrastructure fund
What's the deal? Raiffeisen Capital ManagementDealroom has a profile for this one. Try Dealroom → has reached a first close on Raiffeisen Capital Private Infrastructure I, its debut private infrastructure fund, which targets €150 million. Anchor investors include institutional backers from Austria, and the firm closed the round on October 14, 2026.
Why now? The fund makes Raiffeisen, the largest asset manager within Raiffeisen Bank InternationalDealroom has a profile for this one. Try Dealroom →, the first Austrian provider of a dedicated private infrastructure fund. "With the first closing of our first private infrastructure fund and the establishment of this asset class in Austria, we as the RBI group have reached an important milestone," said Rainer Schnabl, who leads asset management for the group (translated from German).
What's the endgame? Based in Luxembourg, the fund targets a clearly double-digit return and a minimum subscription of €1 million. It aims at a broad investor base, including family offices, private foundations, and smaller pension funds and insurers. Institutional and professional investors can still subscribe in 2027.
What's inside? The globally investing fund, with a focus on Europe, targets renewable energy, digital infrastructure, transport, and utilities infrastructure. Raiffeisen is working with GCM GrosvenorDealroom has a profile for this one. Try Dealroom →, a leading alternatives asset manager, to give investors access to co-investments and secondaries. First investments are planned for later in 2026.
What's next? CEO Hannes Cizek said the firm is already looking beyond Austria for future closes. "Above all in Central and Eastern Europe, we are registering concrete interest in the product," he said (translated from German), adding that he is confident of reaching the target volume on schedule.
The signal: The launch reflects growing appetite for private infrastructure among European institutions, as managers package renewables and digital assets for investors seeking stable, diversified returns. Raiffeisen is betting that classifying the vehicle as an SFDR Article 8 fund and opening it to smaller allocators can widen a market long reserved for the largest players.
Read more: e-fundresearch.com
Image credit: raiffeisen capital management
