What Arjun Infrastructure Partners does

Arjun Infrastructure Partners is a London-headquartered European specialist mid-market infrastructure investment manager founded in 2015 by Surinder Toor. The firm manages approximately €7.8 billion in assets under management through two flagship fund vehicles — Infrastructure Alliance Europe 2 (IAE-2) and Infrastructure Alliance Europe 3 (IAE-3) — both structured as SFDR Article 8 products. Arjun invests in mid-market infrastructure assets with equity tickets of €500-700 million or enterprise values below €1.5 billion across five verticals: digital infrastructure (fibre and hyperscale data centres), renewables (wind, solar, bioenergy, biogas), transport, and utilities. The firm operates from offices in London (50 Pall Mall) and Paris (6 Rue du Général Foy), is authorized and regulated by the UK FCA and French AMF, and is a signatory to the UN Principles for Responsible Investment with TCFD-aligned disclosures.

The firm generates revenue through two streams typical of infrastructure fund managers: (1) recurring management fees on AUM across the IAE fund vehicles, and (2) performance-based carried interest from successful exits on its 25 portfolio platforms. Its go-to-market is sales-led and direct: the firm raises capital from institutional LPs (pension funds, insurance companies, sovereign wealth funds) and originates investments bilaterally (approximately 75% of transactions) with European mid-market infrastructure companies requiring growth capital and operational enhancement. The distribution function is staffed by senior Investor Relations professionals hired from Legal & General Investment Management, Investec, Lendlease, UBS Asset Management, and Tikehau Capital.

Arjun's platform spans the full investment lifecycle from fund formation through asset management. Key portfolio platforms include Altitude Infra (French wholesale fibre under long-term PIN concessions), Onivia (Spanish wholesale fibre), Data4 StableCo (European hyperscale data centres across Paris, Milan, and Madrid), Bigadan (Danish biogas), Amarenco (European solar and storage), ONroute (transport), Indigo Pipelines (UK utilities), and Enviromena (MENA renewables). Across the portfolio, Arjun reports 2.9GW+ of installed wind and solar capacity, 11.5 million fibre premises passed across 177,000km of network in Spain and France, 110 million customers served annually, and over 150,000 tonnes of CO₂ avoided in 2024. The senior team averages 25 years of infrastructure investing and operating experience, drawn from J.P. Morgan Asset Management, Macquarie Infrastructure and Real Assets, Aviva Investors, Investec, Apollo, and Carlyle.

Name

Arjun Infrastructure Partners

Legal name

Arjun Infrastructure Partners Limited

Website

https://www.arjuninfrastructure.com/

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Arjun Infrastructure Partners is a London- and Paris-based mid-market European infrastructure fund manager founded in 2015, managing approximately €7.8 billion across two flagship funds (IAE-2 and IAE-3) focused on digital, renewables, transport, and utilities for institutional investors.

Ownership category

akta.pro rank

Product category

Infrastructure Fund Management

NAICS

Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Core Infrastructure Funds (Transport, Social, Digital, Utilities) (FSANAEAA)

akta.pro secondary industry

Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

Keywords

• Infrastructure fund management
• Mid-market infrastructure investing
• Renewable energy investment
• Digital infrastructure equity
• Institutional asset management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management Fees: Management fees charged on Assets Under Management (AUM) of €7.8bn across Infrastructure Alliance Europe fund vehicles
2. Carried Interest / Performance Fees: Performance-based carried interest from successful investment exits across fund vehicles including IAE-2 and IAE-3

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Arjun Infrastructure Partners is a European specialist mid-market infrastructure investment manager that raises capital from institutional investors through closed-end fund vehicles (Infrastructure Alliance Europe 2 and 3) and deploys that capital into equity stakes in operating infrastructure platforms across digital, renewables, transport and utilities. The firm originates investments on a predominantly bilateral basis, targets equity tickets of €500–700 million (enterprise values below €1.5 billion), and integrates ESG/sustainability across the investment lifecycle, earning revenue from management fees on €7.8bn AUM and carried interest from exits.

Product overview

Arjun Infrastructure Partners operates as a European specialist mid-market infrastructure manager offering two flagship fund products — Infrastructure Alliance Europe 2 (IAE-2) and Infrastructure Alliance Europe 3 (IAE-3) — both structured as SFDR Article 8 products. The firm manages a portfolio of 25 investments across five core infrastructure sectors: digital (fibre and data centres), renewables (wind, solar, and bioenergy), utilities (water and energy distribution), transport (motorway service areas and rail), and biogas/biomass. Key portfolio platforms include Altitude Infra (French fibre), Onivia (Spanish fibre), Data4 StableCo (European hyperscale data centres), Bigadan (Danish biogas), and Amarenco (solar developer). The products work together as a unified platform spanning the investment lifecycle from fund formation through asset management and responsible investment integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Infrastructure Alliance Europe 2 (IAE-2)
• Infrastructure Alliance Europe 3 (IAE-3)

Quantifiable outcome

• 110 million customers served annually by portfolio companies
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• Initiative Climat International (ICI)minorOthersArjun Infrastructure Partners is a member of Initiative Climat International, demonstrating commitment to climate-related investment practices.
• Principles for Responsible Investment (PRI)minorOthersArjun Infrastructure Partners is a signatory to the UN Principles for Responsible Investment, integrating ESG factors into investment decisions.
• Global Infrastructure Investor Association (GIIA)minorOthersArjun Infrastructure Partners is a member of GIIA, the industry body representing infrastructure investors.
• Task Force on Climate-related Financial Disclosures (TCFD)minorOthersArjun Infrastructure Partners supports TCFD recommendations for climate-related financial disclosures.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Antin Infrastructure Partners: Listed European mid-market infrastructure manager with multi-billion AUM focused on digital, energy, and transport. Closest pure-play comparable to Arjun in strategy, fund structure, and target geography.
• 3i Infrastructure: Listed European infrastructure investor with comparable mid-market ticket sizes across utilities, transport, and digital infrastructure. Similar core-plus return profile and European LP base.
• Cube Infrastructure Managers: European mid-market infrastructure manager headquartered in Luxembourg, focused on transport, energy, and digital. Comparable fund structure and mid-market deal-size discipline.
• Arcus Infrastructure Partners: European mid-market infrastructure manager with similar core-plus strategy across digital, energy, and transport. Closely comparable in target geographies and ticket sizes.
• I Squared Capital: Global infrastructure manager with strong European mid-market activity in digital, utilities, and renewables. Overlapping LP base and comparable bilateral transaction approach.

Broad incumbents

• EQT Infrastructure: Large European-headquartered infrastructure platform with global reach. Competes with Arjun in European digital and energy mid-market, but operates at materially larger scale.
• Brookfield Infrastructure: Mega-fund infrastructure investor with European mid-market activities. Competes in digital infrastructure (data centres, fibre) and renewable energy.
• Macquarie Asset Management: Global infrastructure asset manager with deep European presence. Competes across all of Arjun's sectors (digital, renewables, transport, utilities) but at substantially larger scale.
• KKR Infrastructure: Global infrastructure investor with active European mid-market strategy in digital and energy transition. Overlapping thesis around AI/cloud and renewables.

Regional players

• PATRIZIA Infrastructure: European-headquartered infrastructure and real assets investor with German origins and Pan-European mid-market activity. Comparable in regional focus and ticket-size discipline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/arjun-infrastructure-partners

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arjun Infrastructure Partners