Edmond de Rothschild Asset Management is launching its second infrastructure debt fund on behalf of its BRIDGE platform.
The Benjamin de Rothschild Infrastructure Debt Generation fund, designed for French and European institutional investors, is seeking to raise between €400 million ($425 million) and €800 million ($850 million).
The previous BRIDGE fund was established in 2014 for French institutions such as insurance companies, provident societies or mutuals. It totals €595 million ($633 million), has invested 71 percent of its commitments and has a diversified portfolio of assets in conventional- and renewable-energy, road, rail and air transport and social infrastructure in France, Germany, Austria, Belgium and the United Kingdom.
Both BRIDGE platform funds will be able to join forces for co-investments that meet investment mandates.