Northleaf Capital Partners, an independent global private markets investment firm, completed the acquisition of a 90% stake in Douglas Terminals, a Belgium-based liquid storage terminal, from Hartree Partners, a global merchant commodities firm, and Ghent Transport & Storage, a family-owned business that specializes in the handling of bulk cargo. Financial terms were not disclosed. "Direct investments in high-quality bulk liquid storage assets are consistent with Northleaf's strategy and offer our investors significant potential for stable, long-term returns. This investment further strengthens and diversifies Northleaf's portfolio of bulk liquid storage assets that now includes investments in the United States, United Kingdom, Belgium, Australia and New Zealand," Roderick Gadsby, Northleaf Managing Director.