JLC Infrastructure Fund I, managed by New York–-based MJC-Loop Capital Partners, has raised $342 million to date, according to a recent SEC filing.
The closed-end fund, which invests in infrastructure projects in the United States, was backed by eight investors.
A target fundraising amount or final closing date was not disclosed.
JLC Infrastructure (JLC) is an investor and asset management firm that focuses on the transportation, communications, energy, utilities and social infrastructure sectors in the United States, according to the firm’s website. It was formed in 2015 by Loop Capital and Magic Johnson Enterprises.
The investment team has experience with public-private-partnership (P3) and energy infrastructure buyside origination, execution, and asset management. JLC currently manages investments in the redevelopments of Terminal B at LaGua
