Stafford Capital Partners has appointed a 17-year infrastructure veteran to its London-based team as it continues to seek capital for its first independently-raised dedicated secondaries fund in the asset class.
David Lindsay has joined the investment firm as a partner after three years with the firm in an advisory capacity, according to a statement. He will focus on business development, deal sourcing and fund raising within Stafford’s infrastructure team.
Prior to joining Stafford, Lindsay spent five years as managing director at Building Schools for the Future Investments, a British government investment programme for secondary school buildings, and has 10 years’ experience at Barclays Private Equity, where he was a founding member of their infrastructure team.
Ten investment professionals are involved with infrastructure at Stafford, according to its website.
The firm has raised €164 million out of its €250 million target for Stafford Infrastructure Secondaries Fund II as of September, the first dedicated secondaries fund in the asset class that Stafford has raised after the firm was formed through the merger of Stafford Timberland and Australia’s Quay Partners in 2014.
Stafford has $4.5 billion in assets under management and advice from over 75 institutional investors across Europe, the US and Australia, according to the statement. It invests in agriculture, credit, infrastructure, private equity, sustainable capital, timber and venture capital.