Ridgewood Infrastructure, an investor in essential infrastructure in the U.S. lower middle market, has completed the final closing of its second fund, Ridgewood Water & Strategic Infrastructure Fund II, with $1.2 billion in capital commitments.
Fund II significantly surpassed its $1 billion target, attracting a diverse mixture of institutional investors, including returning and new public and corporate pensions, insurance companies, endowment funds and asset managers from North America, Europe, Asia and the Middle East.
As a continuation of Ridgewood's established strategy, Fund II is focused on investments in essential infrastructure businesses and assets that provide critical services in sectors such as water, energy, transportation and utilities. Ridgewood said its operationally oriented value-creation approach emphasizes scaling, professionalizing and enhancing the strategic positioning of its investments.
“We are grateful for the continued significant
