AMP Capital launches infrastructure debt fund

AMP Capital launches infrastructure debt fund

AMP Capital is looking to raise US$2 billion in commitments from global institutional investors for its new infrastructure debt fund.


The infrastructure debt fund, IDF III, will invest in sectors such as utilities, energy and transport in OECD countries, an AMP Capital-issued statement said.

AMP Capital global head of infrastructure debt Andrew Jones said: “For IDF III, we will continue to focus on finding compelling mezzanine opportunities in infrastructure businesses in developed countries.

“Investors have told us they are looking for investments with high yield and stable returns, both characteristics of infrastructure debt,” he said.

The new fund is the firm’s third infrastructure debt fund in five years, following IDF I and IDF II.

Mr Jones said the fund’s target size reflects the “strength” of the infrastructure debt asset class.

 

AMP Capital launches infrastructure debt fund
investordaily image
ID logo
promoted stories

Appointments

investordaily image

APIR Systems hires client development GM

Staff Reporter

investordaily image

AMP names incoming chief risk officer

Jessica Yun

investordaily image

Antares Equities hires new director

Staff Reporter

Analysis

investordaily image

Warning lights flashing on Aussie equities

Roy Maslen

investordaily image

What’s in store for the economy in 2018?

Frank Uhlenbruch

ST Wong

Busting common passive investing myths

ST Wong