Jacmel Partners Launches Infrastructure Investing Platform
Jacmel Partners, a minority-owned alternative investment firm, has established Jacmel Infrastructure – a platform that allocates capital to critical infrastructure projects and operational platforms, especially within the transportation, energy, social, and digital sectors. The strategy will concentrate on North American investments using various investment frameworks, including public-private partnerships (P3s).
Most recently, Jacmel, led by co-managing partners Nick Jean-Baptiste and Jorge Mora, has focused on building operating platforms that deliver infrastructure & IT solutions. The firm said that its acquisition of Arora Engineers, an infrastructure engineering services platform, was a “pivotal point” in the firm’s expansion into infrastructure, with Arora having supported over $23 billion of infrastructure projects.
Jacmel Infrastructure has closed on one transaction and is expected to announce significant deals in the coming months. Mike Salzman, who served as a senior advisor to Jacmel Partners in the creation and launch of the platform, has been appointed operating partner. He will help source, underwrite and execute future infrastructure investments.
“Over the past eighteen months, we’ve carefully and intentionally built a platform to make a meaningful impact through private investment in North American infrastructure projects and operating companies, and Mike has been an important partner in our launch,” said Baptiste.
NYC-based Jacmel has invested $250 million of capital since 2021 and has over 700 employees across the firm’s controlled investments.