LONDON (Reuters) - British fund 3i Infrastructure 3I.L on Thursday posted a total return of 157 million pounds in the six months to 30 September, up from 121 million pounds in the same period in 2017.
The fund, which has a portfolio value of 1.8 billion pounds, invests in and manages a portfolio of mid-market infrastructure businesses, and greenfield and low-risk energy projects.
The company generated a total return of 9.3 percent on opening net asset value for the first half, ahead of the medium term target return of 8 percent to 10 percent a year.
(The story corrects AUM in paragraph 2 to 1.8 billion pounds portfolio value from 3.4 billion pounds).
Reporting by Dasha Afanasieva, editing by Huw Jones