I Squared Capital has partnered with a group of institutional investors to deploy up to $800 million in credit investments to help finance services that will help with recovery from COVID-19.
I Squared Capital said the strategy will target a blend of investments across senior, mezzanine and unitranche debt to established corporate sponsors and middle-market developers in the energy, utilities, transport, telecom and social infrastructure sectors.
These investments will also mitigate the effects of climate change and support future economic growth.
“Infrastructure credit is a natural extension of our global equity strategy and we are excited to leverage our global and sectoral network to invest in infrastructure credit,” said Sadek Wahba, chairman and managing partner at the firm. “Developing infrastructure is more important than ever and we see robust demand for capital across our key sectors including renewables, telecom, and transport logistics.”