Institution: Asian Infrastructure Investment Bank
Headquarters: Beijing, China
AUM: $35.59 billion
The objective of the allocation is to promote infrastructure private credit as an emerging asset in Asia-Pacific. The multilateral financial institution’s participation is aimed at mobilising private capital to address the financing constraints of mid-cap corporations in the infrastructure sector in the region.
The credit fund has a target size of $600 million. At the initial close, Pierfront Capital collected more than $200 million in LP commitments. The fund will implement environmental, social and governance policy guidelines in all its infrastructure investments.
As illustrated below, the recent commitments made by the AIIB have predominantly targeted the energy and renewable sector in Asia.
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