UK-based infrastructure fund manager Equitix is buying a portfolio of UK public-private partnership assets from DIF Capital Partners funds.
The DIF Infrastructure III (DIF III) and DIF Infrastructure IV (DIF IV) funds have sold their stakes in the portfolio of eight assets for an undisclosed sum.
The portfolio includes significant stakes North Kent Police Headquarters, Worcester Library & History Centre, Yorkshire Housing, Grove Village Housing, Stanhope Housing, Leeds Streetlighting, Newcastle & North Tyneside Streetlighting and Stoke Streetlighting.
Andrew Freeman, DIF Capital Partners head of exits, said: “This transaction represents a good result from an efficient process for both DIF III and DIF IV.
”The sale of these assets continues our strategy of selling optimised assets from our more mature funds.”