NOVA Infrastructure secures $565m in Fund I

Today, NOVA Infrastructure revealed that it has successfully raised $565 million during the final closure of its NOVA Infrastructure Fund I.

The Fund attracted commitments from a wide range of top North American and international institutional investors, including public and private pension funds, insurance companies, family offices, and asset managers, at the final closure on June 24, 2022.

“We believe we are building the leading investment firm in North American middle market infrastructure,” said Chris Beall, Founder & Managing Partner of NOVA Infrastructure.

NOVA Infrastructure was established with the sole purpose of concentrating on middle market, value-added infrastructure projects in North America. The Fund has so far invested in six platforms in its target industries, including communications, energy and energy transition, transportation, and environmental services.

“We are very proud to have successfully closed our initial fundraise. Our success is a testament to our exceptional team and their tremendous dedication to NOVA’s goals and values,” said Founder & Partner Allison Kingsley.

Pan Finance is a print journal and news website providing worldwide intelligence on finance, economics and global commerce. Known for our in-depth analysis and opinion pieces from esteemed academics and celebrated professionals; our readership consists of senior decision makers from across the globe.

Contact us