The deal is part of Northleaf's infrastructure program, which is focused on direct, long-term investments in OECD countries, providing investors with stable, consistent cash flows from assets that deliver essential products and services.
Stuart Waugh, Managing Partner of Northleaf, stated:
"We are very pleased with the performance and growth of our infrastructure portfolio and the continued confidence demonstrated by investors in our team, investment strategy and track record Our innovative approach is designed to overcome the implementation challenges facing both large and small institutions seeking cost-effective access to long-term infrastructure investments."
Additionally, Northleaf has recently appointed two senior members to its infrastructure team: Matthew Woodeson as Managing Director, Infrastructure and Dimitrios Siomos as Director, Head of Infrastructure Asset Management.
Jamie Storrow, Managing Director and co-head of Northleaf's infrastructure program, stated:
"With more than $1.5 billion of infrastructure capital entrusted to us by our investors, Northleaf continues to proactively source and successfully complete on-strategy investments in conservatively positioned infrastructure assets. Given the growth of our infrastructure capital base, we anticipated the need for an experienced professional, such as Dimitrios, dedicated to asset management activities across our portfolio. Matthew and Dimitrios are key hires that support and strengthen our business as we continue to proactively build a world-class, one-team platform focused on delivering strong investment returns and exceptional client service to each of our investors."