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InstarAGF infrastructure fund gets off the ground Add to ...

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InstarAGF Asset Management Inc. wants to build and repair city infrastructure bit by bit, and now the team has some new money to put to work.

The Toronto-based alternative asset manager announced a first closing on its InstarAGF Essential Infrastructure Fund, with $372-million from institutions and wealthy families in North America, Europe and the UK. Some of these investors can opt to up-size their commitments, which would boost that amount as high as $422-million.

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