Florida-based private equity firm Warren Equity Partners invests in mid-sized infrastructure operators and services providers to maintain and upgrade power and utilities, water and wastewater, transportation and waste assets, as well as some types of buildings and digital infrastructure, in the US and Europe.
More than 60 global pension funds, insurance companies, asset managers, endowments and family offices invested in the fifth fund in the strategy.
Warren Equity made its first investment from the new fund last month, acquiring USG Water Solutions, an Atlanta-based services provider to municipal water utilities. Warren Equity bought the company from New York-based private equity firm Turnspire Capital Partners.
Separately, Warren Equity manages the $590 million Elido Fund that invests in smaller companies in the same sectors.
