Stafford Capital Partners, a leading private markets investment group with a global presence and US$4.4 billion under management and advice, has announced the second close of its new infrastructure fund, Stafford Infrastructure Secondaries Fund II (SISF II).
SISF II is a specialist infrastructure fund focusing on secondary opportunities in core infrastructure assets.
SISF II had a second close of €69.5 million (US$78.1 million) on August 19, bringing the total commitments to date to €164 million (US$184 million), in line with its final target of €250 million (US$281 million).
The fund has now investors from Germany, France and Italy.
As we reported in July, following the first close at €94.5 million (US$106.5 million), SISF II invested €20 million (US$21.9 million) into a diversified portfolio of over 90 mature PPP-assets. Eight investors have come in alongside Stafford through Stafford Infrastructure Co-Investment I (SICI I), a new co-investment vehicle set up for this purpose.