Gravis partners is seeking to raise up to £200 million from investors to invest in a portfolio of global infrastructure, that will target annual returns of 8-10%, including a 4.5% dividend from year two (3% target in year one), with an annual management fee of 0.65% and no performance fee.
This looks pretty good to me. I like the yield and being overseas s good for diversification too. A lot of these infrastructure funds move to a premium so I am getting in now.
I’ve just put in an order before it closes on Monday at 11am, if anyone else wants this move fast!