Northleaf Capital Partners has closed its second OECD-focused pooled infrastructure fund, Northleaf Infrastructure Capital Partners II (NICP II), at its $950 million hard-cap target. NICP II, which was launched in 2015, will focus on direct investments in small to mid-sized infrastructure assets in developed markets. The fund has already made its first two investments: a portfolio of U.K. bulk liquid storage assets and a portfolio of U.S. wind and solar assets. It also recently <a href="https://www.pehub.com/2016/12/northleaf-capital-partners-to-take-minority-stake-in-northwest-parkway/" target="_blank">agreed to acquire a stake</a> in Northwest Parkway, a Denver, Colorado highway system. The $2.5 billion infrastructure program of Northleaf, a Canadian private-markets investor, operates from offices in Toronto and London.