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).