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Year Founded: 2004

AUM: $4.00B | Dry Powder: $132.15M

33 Benedict Place, 2nd Floor, Greenwich, CT 06830, United States

Alinda Capital Partners is an infrastructure investment firm that seeks to invest in the transportation infrastructure, telecommunication infrastructure, energy midstream infrastructure and utility sectors. In April 2022 Alinda Capital Partners rebranded its mid-market infrastructure strategy to Astatine Investment Partners

Key Contacts

  • Christopher Beale
    Founder, Chairman of the Investment Committees, Managing Partner
  • James Metcalfe
    Managing Partner & Head of Global Investment
  • Samuel Coxe
    Partner and Head of Transportation Infrastructure

Investment Preferences

  • Preferred Industries
    Energy Infrastructure, Other Energy, Telecommunications Service Providers, Transportation, Utilities
  • Geographical Preference
    Canada, Europe, US, North America
  • Preferred Deal Types
    Add-on, Buyout/LBO, PE Growth/Expansion
  • Other Investment Preferences
    • Prefers majority stake
    • Seeks ESG investments
    • Will lead on a deal
    • Will syndicate

Funds Closed

Allianz Impact Investment Fund
Vintage: 2020

Size: $121.7M

Dry Powder: $56.1M

Details: It targets energy, infrastructure sector and focuses on renewable energy asset class

Allianz Renewable Energy Fund 3
Vintage: 2019

Size: $555.4M

Dry Powder: NA

Details: The fund targets energy, clean tech and focuses on renewable energy asset class

Allianz Renewable Energy Fund 2
Vintage: 2016

Size: $382.8M

Dry Powder: $13.9M

Details: The fund primarily targets investments in wind and solar parks in Europe

Investments By Year

Source: Pitchbook

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In October 2021, investment funds managed by Alinda Capital Partners acquired Florida-based BTR. BTR rents large waste collection trucks primarily to municipalities. BTR was founded in 2002 and has a fleet of approximately 600 trucks in the US and Canada, serving more than 350 customers

In August 2018, Investment funds managed by Alinda Capital Partners agreed to acquire a 49% interest in Maurepas Pipeline , LLC for $350 million from SemGroup Corporation. The transaction was structured as the sale of Class B interests

In May 2018, Alinda Capital Partners via its portfolio company Energy Assets Group acquired Future Energy Group. Future Energy Group which is an owner and operator of a utility infrastructure provider. The company designs and constructs gas, electricity and water networks for contractors, transporters, operators and consumers across the UK

In January 2018, Alinda Capital Partners acquired 100% ownership of Kelling Group Limited from Elysian Capital LLP. Kelling is a UK company that provides specialty equipment for rental in the maintenance and upgradation of rail, road, telecommunications, street lighting, electric transmission, and other critical infrastructure

In June 2017, Howard Energy Partners (“HEP”), an Alinda Capital Partners company, signed a strategic partnership with WPX Energy to form a 50/50 joint venture, Catalyst Midstream Partners, to own, operate and expand oil and gas gathering and gas processing assets in the Delaware Basin within the greater Permian Basin. Alinda Capital Partners, GIC Private Limited and Alberta Investment Management Company were the other investor in the JV

In June 2017, Alinda Capital Partners in an agreement with SemGroup Corporation acquired Houston Fuel Oil Terminal Company (HFOTCO) for a total consideration of $2.1 billion, including assumption of debt. HFOTCO is a 16.8-million-barrel terminal strategically located on the US Gulf Coast with pipeline connectivity to the local refining complex, deep water marine access and inbound pipeline, rail and truck receipt capabilities from all major producing basins

In July 2016, a consortium led by Alinda Capital Partners completed the acquisition of Energy Assets Group plc, an independent provider of industrial and commercial gas metering services in the United Kingdom and a provider of multi-utility network metering and data services. Alinda Capital Partners acquired approximately 75% of the company, while the remaining 25% stake was acquired by investment funds managed by Hermes Investment Management 

Other Details

Alinda Capital Partners makes equity investments in infrastructure. It has invested in infrastructure businesses that operate in all the 50 states in the US as well as in Canada, the UK and continental Europe. Alinda invests in sectors like transportation infrastructure, utility-related infrastructure, telecommunications infrastructure, and midstream infrastructure. It has offices in Greenwich (Connecticut) and London

Alinda Infrastructure Fund IV is an open fund of Alinda Capital Partner. It is an infrastructure value added fund managed by Alinda Capital Partners. The fund is located in Greenwich, Connecticut. The fund targets investments in the infrastructure sector

AC Biogas, Alberta Investment Management, Black Hills Energy, Blackstone, Energy Assets Group, GE Energy Financial Service, Harvest Partners, Hermes Fund Managers, Howard Energy Partners, InterPark Holdings, PERC Water, Quality Technology Service, Regency Energy Partners, Universities Superannuation Scheme, The TCW Group, Value4Capital are some of the institutional investors who invests along with Alinda

Source: Pitchbook, Company Website, Sparkspread