Stafford Capital Partners has completed a second close of its fourth infrastructure fund, Stafford Infrastructure Secondaries Fund IV (SISF IV), adding €195 million ($237 million) of new capital.
The fund is targeting core infrastructure investments through secondaries in Europe, the United States and Australia.
The second close brings the fund’s total capital raised to €347 million ($422 million), attracting new investors from Europe, North America and Asia. The fund is seeking to raise €750 million ($912 million) in equity commitments.
“We continue to see strong deal flow and, after having fully deployed the predecessor fund in late summer, we have signed a first transaction in the fiber space at an implied discount of 14 percent as the first investment of SISF IV,” said William Greene, partner and head of infrastructure at Stafford. “The team is currently reviewing a number of attractive opportunities with the intention of closing several of the