Nova Infrastructure has launched a new infrastructure fund that will focus mostly on the United States and Canada, according to Bloomberg. The fund is seeking $800 million in fundraising.
The fund is looking to invest in six to nine mid-market transactions that will be between $100 million to $300 million.
Former Oaktree Capital Group managing director Chris Beall is working with co-founder Allison Kingsley on the new venture, according to Bloomberg.