In brief

• 3i Infrastructure, 3i’s listed infrastructure fund last week delivered its interim results for the period January 16th to September 30 2007.

According to the statement the fund has delivered a return of £33.3m on total investments of £412.7m, equivalent to 4.8% of shareholders equity at the time of IPO. This represents 60% of the net proceeds raised at IPO.

3i said that the infrastructure fund is on track to achieve full investment within two years of the IPO with 60% of net IPO proceeds already invested. These investments include a US$250m (€169.5m) commitment to India Infrastructure Fund, £56m of which has already been drawn down. Other investments include minority investments in Angloacn Water and Alpha Schools.