Schroders Capital secures a €425 million infrastructure debt mandate from APG.
Schroders Capital Secures €425m Impact Infrastructure Debt Mandate from APG
In a significant move, Dutch pension investor APG has allocated €425 million to Schroders Capital for an impact infrastructure debt mandate. This marks APG's first foray into infrastructure debt, and it is part of Schroders Capital's strategy focused on high-yielding infrastructure.
Jerome Neyroud, head of infrastructure debt at Schroders Capital, emphasized the importance of infrastructure debt in today's market environment. He stated that infrastructure debt continues to offer stable cash flows, making it a valuable portfolio diversifier.
Schroders Capital has developed a tailored investment solution for APG, aiming to capture the growing opportunity set in the infrastructure debt investment universe. The solution aligns with APG's sustainability and impact requirements.
Menno van den Elsaker, head of alternative credits at APG, stated that the company's first steps into infrastructure debt align capital with purpose, aiming to deliver long-term value while addressing global challenges.
The mandate is one of the first of its kind, focusing on impact infrastructure debt. Joe Marsh, the Head of Infrastructure Debt at Schroders Capital who took on the €425m mandate from APG, has deployed over €9 billion in more than 200 transactions since the department's inception.
APG's expansion into infrastructure debt is a natural evolution of their clients' strategy. The company's investment underscores the growing interest in infrastructure debt as an investment class. The new mandate makes APG a cornerstone investor in Schroders Capital's newly launched high-yielding infrastructure strategy.
This move is significant as it highlights the increasing appeal of infrastructure debt as a stable and impactful investment option. Schroders Capital's success in securing this mandate demonstrates their expertise in this field and their ability to cater to clients' specific needs and investment objectives.
Read also:
- Federal petition from CEI seeking federal intervention against state climate disclosure laws, alleging these laws negatively impact interstate commerce and surpass constitutional boundaries.
- Duty on cotton imported into India remains unchanged, as U.S. tariffs escalate to their most severe levels yet
- Steak 'n Shake CEO's supposed poor leadership criticism sparks retaliation from Cracker Barrel, accusing him of self-interest
- President von der Leyen's address at the Fourth Renewable Hydrogen Summit, delivered remotely
