DALLAS--Crow Holdings, a Dallas-based investment firm, has announced a strategic investment in Argo Infrastructure Partners, a newly-formed private equity firm focused on investing in lower risk-core assets in the North American energy sector, including midstream, utilities and contracted power assets.

“Infrastructure is a burgeoning sector with consistent and growing demand across the U.S.,” Mike Silverman, chief investment officer with Crow Holdings Capital-Investment Partners. “With Crow Holdings' long history in real estate, increased investment in this asset class – alongside the highly experienced team at Argo and other institutional partners – allows for advantageous access to this market.”

Argo is led by a team of experienced infrastructure professionals, including its founding partner Jason Zibarras, former global infrastructure CIO for JPMorgan, and Larry Kohn, a former managing director at the same firm. Crow Holdings' investment in Argo includes a minority interest in the firm, and it will invest alongside Argo in the infrastructure assets it acquires. Argo has secured $500 million of initial capital commitments from leading institutional investors, including the California State Teachers' Retirement System (CalSTRS).  

“We are very pleased to have established our partnership with Crow Holdings,” says Zibarras. “The strength of our first capital partners is a testament to the expertise of our investment team, differentiated business strategy and the significant opportunities we see for our structure.”  

Silverman concurs.

“We look forward to working with the Argo alliance to construct a diverse, opportunistic portfolio for the benefit of all LPs,” he says.