An Asia-focused infrastructure fund has raised $800 million from investors including funds managed by BlackRock Inc. and pension manager Alberta Investment Management Corp., amid renewed interest in the asset class.

Set up by a small Singapore-based private equity firm in 2021, Seraya Partners Fund I has closed above its $750 million target, a statement showed Tuesday. Other investors include insurers, European family offices and sovereign wealth funds from Singapore, South Korea and North America, said James Chern, its managing partner and chief investment officer.