Atlantic-Pacific Capital has held the final closing of Dalmore Capital 3 (DCF 3) at its hardcap with GBP950 million of capital commitments. DCF 3 received support from a diverse group of new and existing investors across the UK, Germany and Asia.
The offering attracted a wide range of institutional investors, including public and corporate pension funds, insurance groups and investment management groups.
Dalmore Capital Limited (Dalmore Capital) is an independent fund management company that seeks to provide institutional investors with access to low volatility infrastructure assets, particularly in the UK. As such, the Fund’s core investment strategy chiefly targets UK infrastructure businesses that deliver long-term, predictable, inflation-linked cash flows producing robust cash yield. Notably, the investment team has made great headway for the Fund, having identified and invested in several attractive assets ahead of DCF 3’s final close.
“We are pleased to have partnered with Dalmore Capital on the successful capital raising campaign, and congratulate the team on the great achievement. The fund’s investment strategy in low volatility assets resonated strongly with conservative investors seeking yield. Dalmore Capital’s solid reputation and track record in the market also garnered significant investor interest,” commented Tanguy Cotton, Managing Partner at Atlantic-Pacific Capital.
Michael Ryan, Partner & CEO at Dalmore Capital, says: “We are delighted to have achieved the hardcap of GBP950 million with the support of existing LPs as well as a considerable number of new investors. This allows us to continue providing LPs with access to high-quality assets in our target market, which we have done so with seven acquisitions to date for DCF 3. We would like to thank Atlantic-Pacific Capital for all their hard work in helping us identify and secure substantial commitments for the Fund. ”
