British fund 3i Infrastructure posts 157 mln stg in total return
(Corrects AUM in paragraph 2 to 1.8 bln stg portfolio value from 3.4 bln stg)
LONDON, Nov 8 (Reuters) - British fund 3i Infrastructure on Thursday posted a total return of 157 million pounds ($206 million) 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.
($1 = 0.7631 pounds) (Reporting by Dasha Afanasieva, editing by Huw Jones)