Key Takeaways
- • Northleaf Capital Partners closed Northleaf Infrastructure Co-Investment Partners with $520 million in commitments from new and existing investors, 73 percent above its $300 million target.
- • With the final close, Northleaf's infrastructure platform has more than $900 million in capital committed.
- • The platform invests directly in mature infrastructure assets in OECD countries.
- • The close follows the final close of Northleaf Secondary Partners, a global secondaries vehicle that raised US$255 million and was reported by peHUB Canada in May.
Summary
Canadian private markets investor Northleaf Capital Partners has closed its pooled infrastructure fund, Northleaf Infrastructure Co-Investment Partners, raising a total of $520 million in commitments from new and existing investors. According to PEI Private Equity, the final figure exceeds the fund's $300 million target by 73 percent. The article is dated 17 July 2014.
With the final closing, Northleaf's infrastructure platform, which invests directly in mature infrastructure assets in OECD countries, now has more than $900 million in capital committed. The fund's co-investment structure is the vehicle through which that platform's direct infrastructure investments are being capitalized.
The close follows a separate milestone reported by peHUB Canada in May: the final close of Northleaf Secondary Partners, a dedicated investment vehicle focused on the global secondaries market, which raised US$255 million. Taken together, the two closings reflect Northleaf's fundraising across infrastructure and secondaries strategies, although the source does not detail further fund plans.
With the final closing, Northleaf's infrastructure platform, which invests directly in mature infrastructure assets in OECD countries, now has more than $900 million in capital committed. The fund's co-investment structure is the vehicle through which that platform's direct infrastructure investments are being capitalized.
The close follows a separate milestone reported by peHUB Canada in May: the final close of Northleaf Secondary Partners, a dedicated investment vehicle focused on the global secondaries market, which raised US$255 million. Taken together, the two closings reflect Northleaf's fundraising across infrastructure and secondaries strategies, although the source does not detail further fund plans.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.