Canada-based Northleaf Capital Partners, an independent global private markets fund manager, has acquired a 49 percent equity interest in deep-sea foreign-freight transportation company Odfjell Holdings (US), which operates a portfolio of bulk liquid-storage terminals across the United States.
The remaining 51 percent continues to be held by Odfjell, a global leader in bulk liquid transportation and storage.
Northleaf manages more than $12 billion in commitments on behalf of public, corporate and multi-employer pension plans, endowments, foundations, financial institutions and family offices.
Its portfolio includes more than 350 active investments in 34 countries, with a focus on mid-market companies and assets.