Stafford Capital Partners (Stafford), an international private markets investment and advisory group, has finalised the deployment of its fourth infrastructure secondaries fund, SISF IV, and made the first investment of its fifth fund, SISF V.
The pace of deployment has meant that the Stafford team has invested the full fund amount almost two years ahead of schedule.
In Q3 2023, Stafford made the following transactions: a $30m co-investment in a diversified high-growth datacentre platform in the US; and a $65m, LP Secondary into a recent vintage fund managed by one of the leading digital infrastructure managers.
These transactions represent the final investments for SISF IV and the first investment for SISF V.
The SISF funds follow the successful strategy of providing investors access to a diversified global infrastructure portfolio through off-market secondaries and special situations, with core infrastructure risk predominantly in Europe, North America, and Australasia, through LP as well as GP-led secondaries and co-investments. The Fund is classified as an Article 8 fund under the Sustainable Finance Disclosures Regulation and it actively targets energy transition assets while strongly limiting its fossil-fuel related exposure.
SISF IV closed in August 2022 with €731m in commitments from 33 investors across 13 countries. It is now fully deployed with 20 deals in 22 positions across 277 assets as of November 2023 and well ahead of its ambitious Net-Zero climate targets.