Landmark Partners has closed its Landmark Infrastructure Partners II, the firm’s first dedicated commingled fund specializing in infrastructure secondaries.
The fund raised a total of $915 million in equity commitments from public pensions, corporate pensions, insurance companies, asset managers, foundations and financial institutions.
“We thank our existing investors for their continued support and are grateful for the strong partnerships we have built with new investors,” said Timothy Haviland, president and managing partner at Landmark. “Our growing investor base demonstrates a shared confidence in our investment strategy.”
LIP II follows the firm’s strategy of acquiring interests in existing funds, partnerships and other structured entities invested in underlying infrastructure globally. The fund has already invested in six secondary transactions and deployed 51 percent of its capital, and it has an active and diverse pipeline.
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