Intertrust's funds services business has assisted iCON Infrastructure with the first and final closing of its new $1.9bn fund, iCON Infrastructure Partners V.
iCON is an independent investment group focusing on privately held investments in infrastructure assets in Europe and North America. iCON-advised funds have in excess of €2.5bn under management.
iCON V’s single close came three months after commencing fundraising and surpassed its $1.8bn target, closing at $1.9bn.
It was launched as a Guernsey-domiciled, closed-ended registered scheme, with a corresponding management company, authorised as a POI Licensee by the Guernsey Financial Services Commission.
Intertrust's team was led by Guernsey-based Funds Director Kees Jager.