Northleaf Capital raises $1.4bn for infrastructure fund

Toronto-based Northleaf Capital Partners closed its third pooled infrastructure fund with more than $1.4 billion in commitments.
Northleaf Infrastructure Capital Partners III makes direct, long-term investments in mid-market assets in OECD countries, providing investors with stable, consistent cash flow from assets that deliver essential services.
The fund has already put money to work in five investments, including the acquisition of U.K.-based Quickline Communications.
“We are excited several promising opportunities under development for NICP III and have strong momentum in our deal pipeline,” said Jamie Storrow, managing director . . .
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