Former Hastings Funds Management chief launches new infrastructure fund

09 November 2020 - 12:00 am UTC

The founder of Hastings Funds Management, Mike Fitzpatrick, is raising an AUD 500m (USD 365m) infrastructure fund aimed at individually wealthy investors.

The TRUE Infrastructure Fund will use a fund-of-fund model to invest in pools of capital managed by Australia’s Infrastructure Capital Group (ICG) and ATLAS Infrastructure, Fitzpatrick told Inframation in an interview today.

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