abrdn has launched the Inflation-Linked Infrastructure Debt Fund (ILID), an evergreen, U.K.-focused strategy for institutional investors.
ILID aims to provide inflation protection combined with credit and illiquidity premia, allowing a capital-efficient, low-risk way for investors to meet long-dated liabilities.
Working closely with LGPS Central Limited in its design, the fund focuses on high-quality investment-grade infrastructure debt while also capturing additional illiquidity premium.
ILID made its first close with commitments of £220 million (€261 million/$271 million) from Local Government Pension schemes in the United Kingdom. The fund draws on the combined strengths of abrdn’s Fixed Income platform and a wide-ranging £11 billion (€12.56 billion/$13 billion) Private Credit business that provides tailored solutions to clients’ long-term requirements.
The fund will invest in a broad range of inflation-linked private infrastructure debt i