Fiera Private Debt Inc., one of the largest non-bank private debt platforms in Canada, has launched a new North American infrastructure debt strategy.
The new strategy focuses on mid-market investments that are below the target size for many of the larger infrastructure debt players, according to the firm. The investment approach is designed to create a diverse portfolio of private infrastructure debt investments structured as primarily senior secured loans offering attractive coupons and strong lender protections.
“We believe our North American infrastructure debt strategy will be compelling to institutional investors seeking exposure to this high-quality asset class,” said Theresa Shutt, senior vice president of Fiera Private Debt. “In a low-yield and high-volatility investment environment, infrastructure debt continues to provide attractive risk-adjusted returns with lower correlation to public markets, as well as strong diversification and steady cash flow.
