According to a letter to investors seen by Investment Week, the VT Downing Listed Infrastructure Income fund was closed on 1 February 2024, with new investments prohibited from 12 January.
Digital 9 Infrastructure proposes managed wind-down following strategic review
The letter explained the fund had been closed due to a reduction in size over 2023, along with “performance challenges” and a “significant stream of redemptions”.
“In the last year the fund has been reducing in size due to limited demand, performance challenges and a significant stream of redemptions in recent months,”…
Read the full article here
