Stafford Capital Partners has invested around EUR100 million (US$107 million) in DIF Infrastructure Fund V via secondary transaction. The company acquired the investment from a single UK corporate pension scheme.
The fund is managed by DIF Capital Partners and aims to invest primarily in Public-Private Partnership (PPP) and renewable energy projects. The final closing of the fund was EUR1.9 billion (US$2 billion) in May 2018. It currently has a portfolio of 24 assets, including PPPs, concessions, regulated assets and renewable energy projects in Europe, North America and Australasia.
Stafford purchased the interest through its Stafford Infrastructure Secondaries Fund IV (SISF IV). This is the 11th investment of SISF IV, bringing the committed capital of the fund to EUR280 million (US$299.7 million). The fund has raised EUR580 million (US$620.9 million) and is expected to hold its final close in the 3rd quarter of 2022.