3i invests in the infrastructure market through two vehicles and through some additional co-investments. At 30 September 2013, 3i had infrastructure assets under management of £1.6bn

 

 

 

 

Remaining 3i

%

Gross money

 

 

 

 

 

commitment at

invested

multiple1

 

 

 

Original fund

Original 3i

September

at September

at September

 

 

Close date

size

commitment

2013

2013

2013

AUM

Infrastructure

3i India Infrastructure Fund

March 2008

US$1,195m

US$250m

US$38m

73%

0.6x

US$689m2

3i Infrastructure plc

March 2007

£1,049m3

£358m4

 

n/a

n/a

£1,049m

Other

various

various

various

 

n/a

n/a

£103m

Total Infrastructure AUM

 

 

 

 

 

 

£1,555m

1 Gross money multiple is the cash returned to the fund plus value as at 30 September 2013, as a multiple of cash invested.
2 Adjusted to reflect 3i Infrastructure plc's US$250 million share of the Fund.
3 Based on latest published NAV (ex-dividend).
4 3i Group's proportion of latest published NAV.

On 11 November 2013 3i announced the completion of the acquisition of Barclays Infrastructure Funds Management Limited (“BIFM”).

At that date, BIFM Limited had assets under management of approximately £780 million and managed two funds.