News / AMP Capital second infrastructure debt fund reaches US$750 million

AMP Capital second infrastructure debt fund reaches US$750 million

🕔 March 28, 2014
US$3 billion final close for Macquarie Super Core Infrastucture Fund Series 1

AMP Capital has raised another US$450 million to complete a further close of the AMP Capital Infrastructure Debt Fund II (IDF II), which takes the total amount committed to the fund to more than US$750 million.

Since it was launched in August last year, IDF II has attracted 40 institutional investors from Japan, South Korea, China, the United Kingdom, Switzerland and the United States. China Life, through its Hong Kong-based subsidiary, is one of the investors to participate in the latest close.

AMP Capital Global Head of Infrastructure Debt Andrew Jones said:

"The momentum we're experiencing in raising funds for IDF II is very pleasing and we are on track to meet our final target of US$1 billion. This reflects the increased interest in infrastructure debt globally.  Specifically, investors who have joined IDF II like our defensive strategy and focus on delivering stable, attractive yields."

"I'm looking forward to completing fundraising later this year and making additional investments in quality assets for IDF II.  We have a strong pipeline and are seeing many opportunities to invest capital in mature markets."

AMP Capital has been investing in the subordinated debt of infrastructure assets since 1998 and now has a team of ten infrastructure debt investment professionals located in London, New York and Sydney.  AMP Capital's first debt fund, IDF I, was closed to new investment in 2012 after raising US$500 million globally.

IDF II had its first close in August 2013, with 17 investors contributing more than $300 million.  Since then, AMP Capital has announced a number of investments for the fund including a subordinated debt financing for New York City-based power generation facility Astoria Project Partners in January 2014.

League Tables

InfraPPP accepts project & transaction submissions to ensure that the data we have in our databases is accurate.

Download Submission Form  Download Submission Form


Subscribe to our newsletter and get in your inbox jobs, news and business opportunities.

PPP Africa Forum
Latin America & Caribbean Gas
Regional Energy
NTA Light Rail

Follow us on Twitter