Stafford Capital Partners (Stafford) has achieved the third close for its fourth dedicated infrastructure secondaries fund, Stafford Infrastructure Secondaries Fund IV (SISF IV), and raises over EUR450 million (US$531.5 million) in total. 

With this third close, Stafford welcomes 5 new investors into the fund, focused on high-quality core infrastructure assets in OECD countries. The SISF IV has a financing target of EUR750 million (US$885.86 million) and a hard cap of EUR1 billion (US$1.18 billion). 

The fund is expected to reach a final close at the end of 2021. SISF IV has already invested over 20% of capital commitments in a diversified portfolio of yielding infrastructure assets that comprise 115 underlying assets and 10 fund vintages.