Corsair Infrastructure Partners Announces New Fund's Acquisition Of Vantage Airport Group
Last update: 07/02/2019
NEW YORK, Feb 7 (Bernama) -- Corsair Infrastructure Partners (“CIP”), the global infrastructure investment business of Corsair Capital (“Corsair”), today announced that a new fund established and managed by CIP has closed on the acquisition of 100% of Vantage Airport Group (“Vantage”) from Gateway Infrastructure Investments (“Gateway”), another CIP-managed fund.
The new CIP fund is a perpetual partnership with no fixed duration, capitalized by high-quality long-term institutional investors. The transaction provides Vantage with a strong and stable ownership structure, as well as access to capital to pursue a full pipeline of opportunities in developing, managing, and investing in airports and related infrastructure worldwide. The acquisition also creates an attractive realization event for Gateway, which has owned Vantage since 2008.