IFM Investors has fully deployed the KDB KIAMCO Global Infrastructure Debt Fund 1, yesterday announcing that it had successfully invested USD140 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 tear in partnership with Korean institutional investors. The second fund would also focus on core plus infrastructure debt assets in Europe.
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