GCP Infrastructure Fund, a debt vehicle that invests in UK private finance initiative (PFI) projects, is expected to become fully invested later this month, the fund’s manager Gravis Capital Partners announced in a statement.
The London-based firm is expected to provide later this month £22 million (€25 million; $36 million) of subordinated debt loans, with an average life of 28 years, to several healthcare and accommodation PFI projects before its Jersey-based open-ended vehicle becomes fully invested.
