STAR AMERICA ANNOUNCES FINAL CLOSE OF FUND II
January 7, 2022
(Roslyn Heights, NY) – Star America, a subsidiary of Tikehau Capital, a global alternative asset manager group, is pleased to announce the final close of Star America Infrastructure Fund II, a North American greenfield infrastructure focused fund. The fund closed with $700 million of capital commitments, exceeding its $600m target.
This marks Star America Infrastructure Partners’ largest fund raise to date, with Fund II ending at more than double the size of Fund I ($300m).
“We are pleased with the strong demand and solid fundraise and being able to exceed the fund’s target, but most importantly we take pride in having been able to attract marquee names on a global basis across large institutions and pension funds, Taft-Hartley plans, foundations, family offices, and qualified high-net-worth individuals,” said Christophe Petit, President of Star America.
“I would like to thank the investors for their trust and support. Over the past decade, we have built a strong infrastructure franchise in North America, and I am happy to see this was able to resonate with some of the largest institutions in the world,” said Bill Marino, Chief Executive Officer of Star America.
M2O Private Fund Advisors LLC acted as Star America’s placement firm for Fund II in the United States and Canada, and First Avenue Partners LLP and FAP USA, L.P. acted as Star America’s placement firms for Fund II in all territories globally other than the United States and Canada.
FOR INQUIRIES:
Christophe Petit, President
Star America Infrastructure Partners, LLC
Tel: +1 516 882 4100
cpetit@starinfrapartners.com
ABOUT STAR AMERICA
Star America, a subsidiary of Tikehau Capital, a global alternative asset management group with €31.8 billion of assets under management (as of September 30, 2021) and shareholders’ equity of €2.9 billion (as of June 30, 2021), is a U.S. headquartered developer and manager of infrastructure assets in North America. With an investor base that includes large institutional investors such as insurance companies and pension funds, among others, Star America focuses on delivering infrastructure projects primarily across the transportation, social, environmental and telecommunications sectors. Star America believes that as of year-end 2021 it has approximately $850 million of assets under management, and Star America’s track record includes investments in 16 infrastructure assets, which have a total project cost valued at greater than $5 billion. Star America’s mission is to become the preferred partner in rebuilding America’s infrastructure.
Disclaimer
This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed.
Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of Tikehau Capital and/or its affiliates. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to Tikehau Capital’s advisory activities in the US or with respect to US persons relates to Tikehau Capital North America.
