Muzinich Launches Up To $1 Billion Infrastructure Fund Strategy
- Strategy raises first $120 million from global investors
- Private credit to capitalize on infrastructure funding gap
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US credit firm Muzinich & Co. and Orion3, an Asian alternative investment platform, have launched an infrastructure and real assets private debt strategy as they seek to tackle the sector’s global funding gap.
The fund strategy, which launched Monday, secured its first $120 million investment, Andrew Tan, Muzinich’s Asia Pacific chief executive officer, said in an interview with Bloomberg News. Tan added that the firm is aiming to raise between $500 million to $1 billion for the vehicle, while targeting a net return in the low teens on a blended basis.