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Alternative Market Briefing

Ridgewood Infrastructure beats target on debut fund

Thursday, February 27, 2020

Bailey McCann, Opalesque New York:

Ridgewood Infrastructure has closed its debut fund - Ridgewood Water & Strategic Infrastructure Fund at the $600 million hard cap. The vehicle beat its $500 million target.

Ridgewood Infrastructure invests in essential infrastructure in the U.S. lower middle market. The fund has already made three investments including theVista Ridge Regional Water Supply Project, a long?€?term contracted 142?€?mile water pipeline that will supply the city of San Antonio, Texas with approximately 20% of its fresh water; Undine, which owns and operates regulated wat......................

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