Quintana Infrastructure & Development (QID), a Houston-based infrastructure investor and operator, has partnered with London asset management firm Astarte Capital Partners to form QAI Capital.
QAI will target more than $1.5 billion of mid-market, value-add infrastructure investments in North America, with a primary focus on adaptive infrastructure assets that will address changing societal needs. The strategy will focus on the infrastructure verticals of data and technology, industrial and environmental, decarbonization and the energy transition.
QAI will specifically target equity investments of $20 million to $80 million, and will involve the development of greenfield and brownfield assets into operating companies; the acquisition of mature assets and repositioning or repurposing them into viable platforms; and the provisioning of growth capital to evolving businesses.
QAI seeks to transition its investments into core or core-plus assets upon successful ex