Strong dealflow prompts £160m Sequoia fundraise

The listed debt fund could seek to garner a further £210m through a placing programme.

Sequoia Economic Infrastructure Income Fund is looking to raise up to £160 million ($207 million; €190 million) through a placing, open offer and offer for subscription, PDI sister publication Infrastructure Investor has reported.

The London-listed vehicle has a £120 million target for this latest effort, which comes after it collected more than £450 million via two C-share issues and a placing programme since its March 2015 IPO.

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