Fengate Real Asset Investments Raises $300M For New Private Equity Fund

Mar 23 2017 | 7:49pm ET

Canadian private investment company Fengate Real Asset Investments has raised $300 million in capital commitments for its latest private equity fund. 

The new fund, named LFP Equities Fund, will focus on the North American middle market, the company said in a statement, seeking investments in growth-oriented, operating businesses and strategic platforms across a targeted range of industry sectors.

With the new fund, Fengate hopes to leverage strategic relationships developed through the firm’s extensive experience in the infrastructure and real estate sectors. 

The company also announced an initial investment from the new fund, Ontario-nased Cricket Energy Group of Companies, a provider of residential and commercial energy services and solutions

“We are pleased to launch our latest fund dedicated to private equity and to continue to diversify our investment offering for our investors,” said Lou Serafini Jr, CEO of Fengate. “Fengate’s new fund strategically leverages the depth of our expertise in the infrastructure and real estate sectors to provide our investors with access to new and innovative opportunities.”

Founded in 1974 and based in Toronto, Fengate Real Asset Investments is a leading real asset investment firm with a strategic focus on infrastructure, real estate and private equity. The company’s private funds have attracted $2.3 billion from institutional and high net worth investors to date.

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