UBS Asset Management’s Real Estate & Private Markets (REPM) business has surpassed its fundraising target and hit its hard cap of €1bn (£900m) raised for its second European infrastructure debt fund, Archmore Infrastructure Debt Platform II.
IDP II’s strategy targets private infrastructure debt opportunities of medium size in Western Europe, primarily through direct lending on senior secured projects having surpassed the €700m target set at launch six months ago.
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