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Laxman Pai, Opalesque Asia: UK-based independent private markets investment and advisory firm Stafford Capital Partners has closed it's Stafford Infrastructure Secondaries Fund IV (SISF IV) with €731 million ($731 million) of commitments, making it the largest fund in the firm's history.
The fund was backed by 33 investors across 13 countries, said a press release from the Capital market company. Alongside these commitments, Stafford raised an additional £100m ($116m) managed account for geographically focussed infrastructure secondary transactions.
"With 13 closed transactions and a further three in exclusivity, Stafford expects to have committed 75% of capital commitments to the fund in Q4 2022. Following the closing of this fund, Stafford now has USD $1.7bn in infrastructure assets under management," it said.
SISF IV is Stafford's fourth dedicated infrastructure secondaries fund. It invests in existing core infrastructure funds predominantly in Europe, North America, and Australasia through LP as well as GP-led secondaries.
The fund is classified as an Article 8 fund under the Sustainable Finance Disclosures Regulation. It actively targets energy transition assets while strongly limiting its fossil-fuel-related exposure.
Dr. Ingo Marten, Managing Partner, Stafford Real Assets said: "I am delighted to announce the closing of SISF IV and I am particularly pleased that we have attracted many new investors across Europe, North America, and Asia Pacifi...................... To view our full article Click here
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