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.
A new UBS report has said that regulators getting tougher on capital is a threat to dividends, particularly those of the major banks. ...
Platinum Asset Management saw its profit fall by 16.7 per cent during financial year 2019, with the group saying it experienced “challengi...
Wilson Asset Management Capital has reported an operating profit after tax of $14.5 million in the 2019 financial year, plunging by 88.4 per...
Get notifications in real-time for staying up to date with content that matters to you.
