– Northleaf Capital Partners closed Northleaf Infrastructure Capital Partners IV (NICP IV) at US$2.6 billion, exceeding its US$2.25 billion target and reaching its hard cap.
– NICP IV is Northleaf’s largest infrastructure fund to date, reflecting the firm’s growing and consistently performing mid-market infrastructure platform.
– The fund is led by Jamie Storrow and Jared Waldron, and supported by 70+ institutional investors across 14 countries.
– Northleaf’s infrastructure program has completed 37 investments to date.
– The strategy focuses on control investments in contracted mid-market assets, primarily in North America, targeting specific infrastructure sub-sectors.
– Northleaf takes an active, cycle-tested approach to value creation through customized business plans aimed at growth and de-risking.
– Stuart Waugh, Managing Partner, said: “We are proud to have reached our hard cap for NICP IV. This milestone highlights the depth of support from both existing and new investors, and underscores the strong, consistent performance of our infrastructure program.”
– Jessica Kennedy, Managing Director, said: “Having begun investing in 2023, NICP IV has already completed five investments, including Shared Tower and Provident Energy Management, which are consistent with our approach of acquiring high-quality investments with long-term contracted revenues.”
– NICP IV began investing in 2023 and has already completed five investments, including Shared Tower and Provident Energy Management, with long-term contracted revenue profiles.
– The fund’s sourcing model relies on long-standing relationships to access proprietary, off-market opportunities.
– Recent Northleaf platform highlights include exit of Mula Solar Farm, equity stake purchase in CCM Hockey, and final close of Northleaf’s third private credit fund
