Global Infrastructure SherpaBNP Paribas Asset Management Alts closes Prime Diversified Infrastructure Fund I with $722 million
BNP Paribas Asset Management Alts (BNPP AM Alts), through its PRIME unit, announced the final close of its first infrastructure secondaries fund, Prime Diversified Infrastructure Fund I (PDIF I), securing $722 million in investor capital. The fund is dedicated to investments in core-plus infrastructure assets, with a strategic focus on the mid-market segment across Europe and North America. PDIF I's investor base is composed of a diverse group of institutional investors, including insurance companies and pension funds from Europe, Asia Pacific, and North America, reflecting strong demand for this specialized strategy. This successful fund close contributes to BNPP AM Alts' broader €33.5 billion ($39 billion) infrastructure platform, which provides access to global and European opportunities through both direct and secondaries investments.
Counterparts (2)
Register free to access full counterpart details, deal analysis, and timeline.
Register free →Deal Analysis
- $722 million raised for Prime Diversified Infrastructure Fund I
- Investor base includes insurance companies and pension funds from Europe, Asia Pacific, and North America
- Fund targets core-plus infrastructure secondaries in mid-market segment
- Announced on March 20, 2026
- Part of BNPP AM Alts' $39 billion infrastructure platform
Source Intelligence
The fund is dedicated to investments in core-plus infrastructure assets, with a strategic focus on the mid-market segment across Europe and North America. This successful fund close contributes to BNPP AM Alts' broader €33.5 billion ($39 billion) infrastructure platform, which provides access to global and European opportunities through both direct and secondaries investments.
"BNP Paribas Asset Management Alts, an alternative asset manager in Europe and a global leader with €300 billion ($345 billion) in assets under management, has announced, through its PRIME unit , the final close of Prime Diversified Infrastructure Fund I (PDIF I), the first BNPP AM Alts fund dedicated to investments in infrastructure secondaries."
"BNP Paribas Asset Management Alts, an alternative asset manager in Europe and a global leader with €300 billion ($345 billion) in assets under management, has announced, through its PRIME unit, the final close of Prime Diversified Infrastructure Fund I (PDIF I)"
"PDIF I’s investors base is composed of a diverse group of institutional investors, including insurance companies and pension funds across Europe, Asia Pacific and North America."
"PDIF I’s investors base is composed of a diverse group of institutional investors, including insurance companies and pension funds across Europe, Asia Pacific and North America."
Timeline
Get the full picture — timeline, source intelligence, and counterpart analysis.
Register free →