Stafford Capital Partners, a private markets investment and advisory group, has raised $1.3 billion in new commitments to various Stafford Real Assets strategies in vehicles closed over the past few months.
Most recently, Stafford Infrastructure Secondaries Fund II (SISF II) held a €400 million ($466 million) final close, receiving commitments from investors in Europe, the United States and Canada. The fund size exceeded its original €250 million ($291 million) fundraising target.
SISF II is a continuation of Stafford’s specialist infrastructure strategy, which focuses on acquiring secondary positions in existing infrastructure funds.
25 percent of the fund has already been committed with a strong pipeline of new investments under consideration, said Dr. Ingo Marten, managing partner at Stafford Infrastructure.
SISF II has already made six secondary investments in infrastructure managers in Europe, the United States and Australia.
SISF II’s close follows Stafford’s announcement in April of its $612 million final close of Stafford International Timberland Fund VIII (SIT VIII), exceeding its $500 million target. The fund received investments from in the United Kingdom, Europe and the United States. Stafford’s theme of acquiring secondary positions in existing funds continues in the timberland sector with SIT VIII, which also provides access to timberland co-investments.
SIT VIII has already made three secondary investments and one co-investment, all with leading timberland managers, committing close to 21 percent of the fund.
An additional $220 million of new mandates and mandate extensions focused on combinations of timberland, agriculture and infrastructure investments boosts the total of new capital at Stafford Real Assets to $1.3 billion.
