Corsair long-life fund acquires Vantage Airport Group
Corsair Infrastructure Partners (CIP), an affiliate of U.S. private equity firm Corsair Capital, has acquired Vantage Airport Group, a Vancouver-based airport developer, manager and investor. Terms weren't disclosed. CIP said a new fund managed by it acquired the business from Gateway Infrastructure Investments, another CIP-managed vehicle. Gateway has owned Vantage since 2008. The new institutional fund has not fixed duration. It is intended to provide Vantage with stable, long-term ownership as well as capital to pursue a pipeline of global opportunities. Founded in 1994, Vantage has worked with more than 30 airports, taking 20 from public to private management.
4 February 2019•3 mins read
