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Westbourne Raises A$1 Billion for Infrastructure Debt Fund
Melbourne, Australia–based infrastructure debt fund Westbourne Capital announced that it has completed an initial fundraising of A$1.029 billion ($1.1 billion) from institutions to invest in global infrastructure debt. Investors include the Future Fund, Mercer Investments, Qantas Superannuation Plan and Sunsuper, according to a Westbourne statement.
The fund invests in both senior and subordinated debt in the transport, utilities and telecommunications infrastructure sectors in Australia and other OECD countries. The debt will be sourced both in primary and secondary markets.