Border to Coast Pensions Partnership has backed a series of funds managed by some of the world’s-largest infrastructure managers, including Brookfield, KKR, iCON Infrastructure, DigitalBridge and Blackstone.
The largest commitment of $310 million went to Brookfield Infrastructure Debt III, a credit fund lending against essential infrastructure assets across the United States and Europe. Brookfield Infrastructure Debt Fund III is focused on infrastructure debt, targeting mezzanine debt investments in high-quality core infrastructure assets primarily in North America, as well as in South America, Australia and Europe. As of November, the fund had raised more than $3 billion of equity commitments.
Border to Coast also invested $230 million in Brookfield Infrastructure Fund V (BIF V), an investment vehicle focused on opportunities in high-quality essential infrastructure assets acro