Northleaf infrastructure reaches $500 million

Northleaf Capital Partners’ infrastructure investment program is doing well, says the firm. The program, which launched in mid-2011 and is focused on direct investments in OECD markets, has reached approximately $500 million in capital commitments.

“Northleaf’s infrastructure funds provide access to attractive investment opportunities alongside leading institutional investors, infrastructure fund managers and strategic operators,” said Jamie Storrow, managing director and co-head of Northleaf’s infrastructure program.

“We are building relationships with industry partners who share our long-term investment goals and are actively seeking opportunities that fit our focus on direct equity or equity-like investments in mature and greenfield contracted, regulated and GDP-driven assets.”

The firm has also expanded its investment team, appointing George Zakem as managing director and co-head of the infrastructure program, and Olivier Laganière as an associate.

Zakem joined Northleaf in 2011 as a senior advisor. Prior to that, he was head of the Macquarie Group’s public-private partnership team in Toronto, and has also held senior positions with TD Securities in the government and infrastructure projects group.

Laganière joined Northleaf’s Toronto office from the infrastructure finance group at RBC Dominion Securities, and was previously with the Macquarie Group’s infrastructure team in Toronto.