Nova Infrastructure, a value-added mid-market infrastructure investment firm focused on North America, has raised $565m (€556m) for its first fund.
The investment firm founded in 2017 said the Nova Infrastructure Fund I fund has received commitments from North American and global institutional investors, including public and private pension funds, insurers, family offices and asset managers. ‘assets.
Nova targets investments in the environmental services, transportation, energy and energy transition, and communications sectors.
The manager said that Fund I has so far made six platform investments involving a vertically integrated waste management platform; a US-flagged maritime logistics company; a fixed base operator platform; a logistics and storage platform centered on the port; and fiber-to-the-home and fixed wireless companies.
Chris Beall, Founder and Managing Partner of Nova Infrastructure, said, “Nova’s distinctive approach to building platforms in partnership with entrepreneurial teams will enable us to generate exceptional returns.
“We appreciate the trust and support of our sponsors and look forward to delivering on our commitments with transparency and integrity.”
Allison Kingsley, said founder and partner of Nova Infrastructure, said:
“At Nova, we are committed to being strong partners who provide capital, operational expertise and resources to each of our portfolio partners.
“As founding owner-operators ourselves, we understand the challenges these entrepreneurs face and are uniquely positioned to help them achieve their goals.”
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