Northleaf Capital Partners has completed a final closing of its third pooled infrastructure fund, Northleaf Infrastructure Capital Partners III (NICP III), with more than $1.4 billion of capital commitments.
The vehicle exceeded its original fundraising target of $1.25 billion, attracting commitments from a broad range of institutional limited partners from around the world. The mix of both new and existing investors included public and private pension funds, sovereign wealth funds, insurance companies, endowments, consultants, financial institutions and family offices.
NICP III has completed five investments already, including the acquisition of Quickline Communications in the United Kingdom.
“We are excited about several promising opportunities under development for NICP III and have strong momentum in our deal pipeline,” said Jamie Storrow, managing director and co-head of infrastructure at Northleaf. “Our established team continues to successfully sour