Stafford Capital Partners announced it has closed Stafford Infrastructure Secondaries Fund V (SISF V) and associated vehicles at more than $1.1 billion, bringing the firm’s infrastructure assets under management to $2.7 billion and marking its largest infrastructure raise to date.
Stafford said the fund attracted a mix of new and existing investors spanning Europe (including the DACH region and the UK), North America and Asia, as institutional demand for infrastructure secondaries continues to expand.
According to the firm, SISF V targets infrastructure secondaries sourced primarily through off-market transactions and applies a quantitative approach to deal sourcing and portfolio construction. Stafford said the strategy uses no additional leverage and incorporates tightened sustainability targets.
Stafford reported that, as of December 2025, SISF V had committed more than 35% across 13 positions and 115 underlying assets, with a weighted average entry discount of 20.4%. The firm also cited net TVPI figures of 1.27x for its euro vehicle and 1.40x for its U.S. dollar vehicle, based on transactions closed as of September 2025.
The portfolio spans transport, digital infrastructure, energy transition, social infrastructure and utilities, and Stafford said it expects to close several transactions currently in exclusivity during the first quarter of 2026, taking deployment to roughly 50%.
The close follows other recent Stafford updates across real assets. In December 2025, the firm said it established a $1.2 billion timberland continuation vehicle that consolidates three existing core timberland funds into a perpetual structure holding 74 assets across more than 6.3 million acres. In November 2025, Stafford also said it ranked sixth globally in Agri Investor’s AFF20 fund manager rankings and cited more than $2.2 billion raised for timberland and natural capital strategies between 2020 and 2024.
KEY QUOTES:
“The successful fundraise … is a testament to the strong position of our infrastructure team in providing differentiated opportunities.”
Angus Whiteley, Chief Executive Officer, Stafford Capital Partners
“SISF V builds on our proven approach of sourcing off-market opportunities and structuring complex transactions to deliver value for our investors.”
“We continue to focus on a disciplined approach to portfolio construction and long-term value preservation through tightened sustainability targets.”
William Greene, Infrastructure Managing Partner, Stafford Capital Partners
