IFM Investors fully deploys infrastructure debt fund
IFM Investors has fully deployed the KDB KIAMCO Global Infrastructure Debt Fund 1, yesterday announcing that it had successfully invested US$140 million in 18 months into global infrastructure debt on behalf of the fund.
The fund, launched in December 2016, is being managed by providing loans across various infrastructure sectors in the US and Europe.
IFM Investors said that demand by domestic institutional investors for alternative investment options such as overseas infrastructure assets was growing, due to the continued increase of volatility in equities and fixed income.
“Global infrastructure investment can be an attractive investment destination for institutional investors, such as pension funds and insurers, who seek stable and long-term returns,” IFM Investors global head of debt investments, Richard Randall, said.
“The successful deployment of the global infrastructure debt fund can be attributed to the expertise and experience that IFM Investors has accumulated in the field of global infrastructure investment.”
IFM Investors and KDB KIAMCO would now begin work on launching Fund 2, aiming to launch in the second half of the year in partnership with Korean institutional investors. The second fund would also focus on core plus infrastructure debt assets in Europe.
AUTHOR
Hannah Wootton
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
