The Infrastructure Opportunities Hiding in Plain Sight w/ NOVA Infrastructure’s Allison Kingsley and Chris Beall
NOVA Infrastructure co-founders Allison Kingsley and Chris Beall join host Hugh MacArthur to discuss investing in the underserved lower middle market infrastructure space. They explore how entrepreneurial sourcing, institutional professionalization, and multi-sector flexibility unlock substantial value in founder-owned businesses, contrasting these opportunities with the crowded mega-cap AI and digital infrastructure landscape.
- Mega-cap capital is pouring into AI data centers, draining dry powder from lower middle market physical infrastructure. Read →
- Bold Ocean operated seven ships within an ultra-scarce market of roughly 94 US-flagged vessels globally, yet lacked a CFO and a revolving line of credit. Read →
- NOVA Infrastructure targets founder-owned real asset businesses, bypassing the crowded mega-cap auctions around digital infrastructure and power. Read →
- NOVA Infrastructure co-founders Allison Kingsley and Chris Beall argue that broad multi-sector mandates protect LPs from vintage risk caused by crowded capital chasing single-sector hype cycles. Read →
- Lower middle market infrastructure targets often possess strong contractual moats in essential sectors like water and electricity, but lack basic financial architecture such as dedicated working capital facilities and experienced CFOs. Read →