Stafford Capital Partners has closed its Stafford Infrastructure Secondaries Fund V (SISF V) with more than $1.1bn (€994.2m), making it the largest infrastructure vehicle the firm has raised.
SISF V provides investors with differentiated access to high-quality infrastructure assets by acquiring secondaries sourced primarily through off-market transactions, Stafford Capital said.
As of December 2025, SISF V had committed over 35% of the fund in 13 positions and 115 underlying assets, with a weighted average entry discount of 20.4% and 1.27x and 1.40x Net TVPI for the euro and US dollar vehicles, respectively.
The portfolio spans key infrastructure sectors including transport, digital infrastructure, energy transition, social infrastructure and utilities. The firm expects to close several transactions currently in exclusivity in the first quarter of 2026, taking the fund’s overall deployment to around 50%.
Angus Whiteley, CEO of Stafford Capital Partners, said: ”The successful fundraise of our flagship Infrastructure secondaries strategy is a testament to the strong position of our Infrastructure team in providing differentiated opportunities for investors.
“As long-standing players in the Infrastructure secondaries market, we believe there is significant investment opportunity to leverage as the market continues to mature for both limited partners (LP) and general partners (GP).“
William Greene, infrastructure managing partner at Stafford, said: “SISF V builds on our proven approach of sourcing off-market opportunities and structuring complex transactions to deliver value for our investors. In 2025, we saw record volumes of LP and GP-led secondaries with over 50% volume growth year on year.
“We are excited for this next phase of growth, and the opportunities it presents to our clients, as we continue to focus on our disciplined approach to portfolio construction and long-term value preservation through our tightened sustainability targets.”
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