IAM debt unit closes infra fund on $347m

The Long Term Infrastructure Debt Fund will offer loans as large as C$50m with terms of up to 25 years.

Integrated Asset Management (IAM) has closed its first dedicated infrastructure debt fund, an investment vehicle resulting from the need for longer-term debt required to invest in the Canadian market.

IAM Private Debt Group, the private debt division of IAM, announced 28 September that it closed its Long Term Infrastructure Debt Fund on C$347 million ($263.9

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