Infrastructure hedge fund raises $51m

A fund managed by Longbow Capital Partners raised the money, according to a regulatory filing. The firm has previously invested in the rail, power and transmission sectors.

Longbow Capital Partners, an infrastructure-focused hedge fund, has raised $51.6 million for an investment vehicle, according to a regulatory filing.

The New York-based fund, which invests in sectors such as rail, power generation and electric transmission, said in a filing with the Securities and Exchange Commission it raised the money for a fund called Longbow FOCUS.

Longbow FOCUS was launched in 2010, according to the filing. Four investors participated in its fundraising.

The fund named Thomas Fitzgerald III, founder of Longbow Capital Partners, as the managing member of the general partners of the fund.

Regulatory filings with the Securities and Exchange Commission show that the firm has previously invested in rail companies such as CSX and Union Pacific, electric utility Alliant Energy, power producer Dominion Resources, and electric transmission operator ITC Holdings, among other investments.