Former Apollo Global Management Inc. senior partner Geoff Strong has formed a new firm to make bets in infrastructure and energy-transition ventures, according to people with knowledge of the matter.
(Bloomberg) — Former Apollo Global Management Inc. senior partner Geoff Strong has formed a new firm to make bets in infrastructure and energy-transition ventures, according to people with knowledge of the matter.
Northampton Capital Partners, named after a city in Massachusetts, plans to establish offices in New York City and Miami, said one of the people, all of whom requested anonymity to discuss confidential information.Â
Strong plans to begin talks with a targeted group of investors in coming months, though formal fundraising efforts are set to begin in 2024 at the earliest, the people said.Â
A representative for Northampton declined to comment.
Strong, who’s based in Florida and was co-head of infrastructure and natural resources at Apollo, left the firm in 2022 after a decade-long stint at the alternative-asset manager. He previously worked at Blackstone Inc. and Morgan Stanley.Â
Alternative-asset managers have increasingly focused on infrastructure amid heightened interest in the sector from institutional investors such as pension funds, sovereign wealth funds and family offices. Last month, CVC Capital Partners agreed to buy infrastructure-focused DIF Capital Partners and Bridgepoint Group Plc struck a deal to acquire Energy Capital Partners.Â
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