John Bakie
The fund has backing from a Korean private equity investor to provide non-dilutive capital to start-ups in the MENA region.
Fundraising levels have recovered but are being driven by a smaller number of very large vehicles.
Iryna Voronova joins the firm from Siemens Financial Services and will focus on growing its newly launched credit offering.
The fund is more than twice the size of its predecessor and will back both sponsored and unsponsored mid-market companies.
The fund manager is drawing close to its fund target and expects to hold a formal fourth close in early December.
The partnership is aiming to back sustainable infrastructure projects in Southeast Asia and plans to scale up to $1bn.
The aviation industry has experienced severe turbulence as a result of the pandemic, but alternative lenders can sense soaring returns. John Bakie reports
Increased interest in businesses services deals and appetite for ESG-linked loans were major drivers of transactions in Q2 2021.
The fund will take a stronger approach on ESG than its predecessor, including pricing incentives, to help businesses recover sustainably.
The vehicle marks a major expansion of Amundi’s impacting investing activity.