Germany-based Munich Ergo Asset Management (MEAG) is marketing a second infrastructure debt fund, targeting €800 million ($945 million), Private Banking Magazin reports.
The fund will be launched as a Reserved Alternative Investment Fund (RAIF), an investment fund that can invest in all types of assets and qualifies as an AIF. it will take the legal form of a Luxembourg limited partnership.
Meag Infrastructure Debt Fund II comes a little more than a year after the company closed its first infrastructure fund with more than €600 million ($667 million) in capital commitments. The investor base consisted of insurance companies and pension funds, based in Germany and Europe at large.
