Matthieu Favas
The listed debt fund could seek to garner a further £210m through a placing programme.
The transaction, which brings the firm’s renewables debt portfolio to more than $600m, marks investors’ latest vote of confidence in the once-beleaguered Southern European market.
AMP_Building%2080.jpg "AMP collects $1bn for third debt fund")
The Australian firm’s latest infrastructure debt vehicle, which has a $2bn target, is expected to close in Q3.
The German-based firm says ‘strong client demand’ could allow it to raise nearly twice as much as it collected for its debut vehicle.
Zencap has raised capital from four fellow institutions and will invest across the asset class through Natixis' infrastructure platform.
The UK pension platform has helped refinance a rooftop solar portfolio in England and Wales shortly after reaching a first close on the £1bn vehicle.
The firm continues to diversify away from assets with its 28.5% stake purchase in Valorem, a month after raising £385m.
The German asset manager’s former infrastructure debt chief will be looking after assets worth €15.7bn, with Claus Fintzen promoted to her current role, PDI sister publication Infrastructure Investor reports.
The UK institution will be plugging the first commercial capital into conflict-torn North Kivu since the 1980s.
The Australian firm’s debut infra debt vehicle, closed last year on £829m, is nearing full deployment.