NOVA Infrastructure raises $565m for maiden infrastructure fund

• NOVA Infrastructure targets middle market infrastructure investments in North America
• Threadmark Partners Limited was the fund’s placement agent
• NOVA Infrastructure was lanched in 2017

NOVA Infrastructure has closed its debut infrastructure fund at $565 million.

NOVA Infrastructure Fund I’s limited partners include public and private pension funds, insurance companies, family offices, and asset managers.

“We believe we are building the leading investment firm in North American middle market infrastructure,” said Chris Beall, founder and managing partner of NOVA Infrastructure, in a statement. “NOVA’s distinctive approach to creating platforms in partnership with entrepreneurial teams will allow us to generate outstanding returns. We appreciate the trust and support of our limited partners and look forward to delivering on our commitments with transparency and integrity.”

NOVA Infrastructure targets middle-market infrastructure investments in North America. The fund has made six platform investments to-date across its target sectors of environmental services, transportation, energy and energy transition, and communications.

NOVA Infrastructure was founded in 2017.

Winston & Strawn LLP acted as Fund counsel and Threadmark Partners Limited as placement agent.