Fund Managers

French insurer debt arm hits €236m first close on infra fund

Zencap has raised capital from four fellow institutions and will invest across the asset class through Natixis' infrastructure platform.

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Zencap Asset Management, the private debt unit of French insurer OFI, has reached a €236 million first close on its second infrastructure offering.

Launched in July this year, Zencap Infra Debt 2 attracted pledges from “four institutional investors in the insurance sectors,” Zencap said. It will invest through the infrastructure platform of French bank Natixis.