Northleaf reaches first close on NICP III

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Northleaf Capital Partners (Northleaf)  has raised an additional US$1 billion in capital from Canadian, U.S., European and Asian investors across its global private markets program. 

These recent commitments include capital raised for Northleaf’s mid-market infrastructure and private credit programs, as well as significant new commitments to mid-market private equity and secondaries custom mandates managed on behalf of two of Canada’s largest institutional investors. Building on the firm’s strong growth momentum, this new capital brings Northleaf’s private equity, private credit and infrastructure commitments raised to more than US$13 billion.

As part of this most recent capital raise, Northleaf has grown its successful custom private equity and secondaries investment mandates on behalf of Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et placement du Québec (CDPQ), respectively. Northleaf has extended its longstanding private equity investment partnership with CPPIB through an innovative evergreen fund structure that will offer CPPIB access to the Canadian private equity market. Northleaf has also expanded its customized global secondaries investment partnership with CDPQ which focuses on mid-market private company secondary transactions.

 

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