Mid-Market, Core-Plus Infrastructure
Astatine Investment Partners is a leading private equity firm focused on mid-market, core-plus infrastructure investments
A conservative risk approach with downside protection is at the heart of our strategy
1. Downside Protection
- Essential services e.g. waste collection, broadband access, movement of goods
- Underpinned by long term contracts with multiple tools to offset inflation impact, including pricing, technology and operational initiatives
2. Earn Outsized Returns
- Versus conventional core infrastructure or regulated utilities
- we actively manage our portfolio companies, through diligent board governance, including deploying our value creation playbook
3. Deliver High Annual Cash Yield
- Defensive and visible cash flows
- Conservative leverage supporting performance resilience and recurring equity distributions
- Largely uncorrelated across investment themes and to GDP
We invest in core-plus assets across three verticals
Transportation & Logistics
Assets in, or serving, the transportation sector with downside protection (e.g. contract tied to the number of vehicle subscribers, rather than miles driven), and the opportunity to earn a higher return than conventional investments
Utility-Related Infrastructure
Utility-related businesses with defensive characteristics, including longer-term contracts. These businesses provide downside protection with uncapped upside (vs. core utilities with regulated equity returns)
Digital Infrastructure
Data centres, towers, fibre optic networks, distributed Antenna systems (DAS), and Small Cells benefitting from continued demand growth in global data requirements and outsourcing of corporate information infrastructure
Strategic evolution
Astatine was founded in 2005 as Alinda Capital Partners. We are one of the world’s most experienced infrastructure investment firms with a 20-year history of experience in private-equity infrastructure investment.
Over the past decade, our strategy has crystallized around specific sectors in the mid-market, core-plus space. In reflection of this enhanced focus, in 2022 we rebranded as Astatine Investment Partners. Under the Astatine name, we continue to pursue investments that exemplify our strengths in mid-market, core-plus infrastructure.
- 20 years Infrastructure Investing Experience
- 18 Mid-Market Investments since 2016
- $13.5bn Invested across 30 businesses since 2005
- 15%+ Target Gross IRR
- 2.0x+ Target Gross MOIC
- 7%+ Target Cash Yield
