Northleaf Capital Partners has raised an additional $1 billion in capital from Canadian, U.S., European and Asian investors across its global private markets program.
Commitments include capital raised for Northleaf’s mid-market infrastructure and private credit programs, as well as significant new commitments to mid-market private equity and secondaries custom mandates managed on behalf of two of Canada’s largest institutional investors.
The new capital brings Northleaf’s private equity, private credit and infrastructure commitments raised to more than $13 billion.
“Our mid-market global private markets platform continues to create long-term value for our investors,” said Stuart Waugh, managing partner at Northleaf. “We appreciate the confidence that both existing and new investors have placed in our team, track record and investment strategies.”
As part of this most recent capital raise, Northleaf has grown its custom private equity and secondaries investment mandates on behalf of Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et placement du Québec (CDPQ), respectively. Northleaf has extended its longstanding private equity investment partnership with CPPIB through an innovative evergreen fund structure that will offer CPPIB access to the Canadian private equity market. Northleaf also has expanded its customized global secondaries investment partnership with CDPQ, which focuses on mid-market private company secondary transactions.
“Our integrated focus on secondary market transactions, fund investments, direct minority investments and co-investments provides investors with differentiated access and exposure to mid-market private company value creation,” said Michael Flood, managing director and head of Northleaf’s Private Equity team.
Northleaf’s portfolio includes more than 350 active investments in 34 countries, with a focus on mid-market companies and assets.
The independent global private markets investment firm has more than $13 billion in private equity, private credit and infrastructure commitments under management on behalf of public, corporate and multi-employer pension plans; endowments; foundations; financial institutions; and family offices.
