Schroders has launched a UK-focused infrastructure debt fund with a view to raising £500 million ($662.8 million; €555.2 million) of capital.
The fund will provide junior loans in the transport, energy, environmental, social infrastructure and telecoms sectors, hoping for a return of Libor plus 4-5 percent. The 10-year vehicle will seek to raise funds from pensions and insurance companies and is aiming for investments in what Schroders sees as higher-yielding opportunities in the market.
