TORONTO, CANADA (October 18, 2023) — Northleaf Capital Partners (Northleaf) is pleased to announce that Michael Smerdon has joined the firm as an Executive Operating Partner supporting its mid-market infrastructure investment program. In this role, Michael will lead the asset management activities across a number of Northleaf’s North American infrastructure investments, including Provident Energy Management and EV Passport.
Michael most recently served as General Manager of Infrastructure Investments at Canada Post Corporation Pension Plan where he led the infrastructure team. Previously, he was CEO of iCON Infrastructure’s North American business and CFO at Capstone Infrastructure Corporation for eight years. Prior to Capstone, Michael spent 11 years at Macquarie where he served as a key member of the senior management team of New York-based Macquarie Infrastructure Partners Inc., managing Macquarie’s North American port investments as well as leading the capital raise and structuring for Macquarie Infrastructure Partners II.
“We are delighted to have Michael as part of our team,” said Jamie Storrow, Head of Infrastructure at Northleaf. “As we continue to expand our North American investment portfolio, Michael will provide expertise as we add value to effect the growth and de-risking of our investments.”
“Northleaf is a leading global private markets investment manager with a differentiated mid-market approach, an impressive track record and a strong growth trajectory,” said Michael. “Having worked with Northleaf’s senior leadership team over many years as a colleague, competitor, and client, I am now looking forward to working with everyone at Northleaf to manage and drive value across the infrastructure portfolio.”
Northleaf’s infrastructure program has invested US$5 billion to date in more than 50 mid-market infrastructure assets in OECD countries. The program serves more than 80 institutional and family office investors across North America, Europe, the Middle East and Asia. Infrastructure is an integral component of Northleaf’s global private markets platform which includes private equity and private credit and has raised more than US$23 billion to date.