J.P. Morgan Asset Management, a unit of JPMorgan Chase & Co. (JPM), announced that it has closed JPMorgan Asian Infrastructure & Related Resources Opportunity Fund with $858.6 million in capital commitments from a diversified range of investors, including institutional and high-net worth investors from the U.S., Canada, Europe, Asia, Australia, and the Middle East.
The Fund, one of the Asian infrastructure funds, targets a broad range of infrastructure assets in the region including toll roads and other transportation assets, power generation, electricity transmission/distribution facilities, water supply, waste management and social infrastructure. The Fund will also make related resource investments involving the critical inputs required for Asia's massive infrastructure investment agenda.
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