Due to its investor-driven focus and steadfast commitment to the labor movement, the Ullico Infrastructure Fund (UIF) has secured more than $1.9 billion in commitments in just six years.
Since its inception in 2012, the fund has experienced strong growth and now has assets under management in excess of $1.5 billion, spanning over 14 investments.
Recent investments include the joint acquisition of Tidewater, an intermodal transportation business serving waterways in the Pacific Northwest region of the United States and Canada. Tidewater primarily operates a sizeable fleet of tugs and barges along the Columbia and Snake Rivers, in Vancouver Harbor and the Vancouver Island area. UIF also reached an agreement to purchase a portfolio of four operating solar projects in Ontario, Canada. The solar farms provide attractive, long-term stable cash flows and high cash yields through standardized fixed Feed-in-Tariff offtake contracts with Ontario’s Independent Electricity System Operator.
Both investments signal UIF’s recently expanded reach into Canada. UIF currently has investments in the water, waste water, electricity transmission, power generation, and transportation sectors and is exploring opportunities in all core sectors.
The Ullico Infrastructure Fund was named in the top 10 of infrastructure managers for U.S. institutional, tax-exempt assets managed internally as of December 31, 2018 by Pensions & Investments.
Ullico Infrastructure Fund (UIF) is managed by Ullico Investment Advisors, Inc. (UIA) and is sold through Ullico Investment Company, LLC. (Member FINRA/SIPC), both subsidiaries of Ullico Inc. UIA is a registered investment adviser with the SEC under the Investment Advisers Act of 1940, as amended ("Act"). UIF will only be sold to "accredited investors" as that term is defined in Regulation D of the Securities Act of 1933. Investment in infrastructure is speculative, not suitable for all investors, and should be undertaken only by experienced and sophisticated investors who are willing to bear the high risks of such an investment, which include, but are not limited to, lack of liquidity, restrictions on transferring ownership to the Fund, absence of information regarding valuation and pricing, and high fees and expenses. Potential investors in the Fund should carefully read the Confidential Private Placement Memorandum for a description of the potential risks associated with investment in the Fund.