By Richard Hook2018-03-19T13:00:00
UBS Asset Management has launched a second infrastructure debt fund, Archmore Infrastructure Debt Platform II (IDP II), with seed commitments of more than €448m (£392m).
IDP II will be managed by UBS AM’s Real Estate & Private Markets (REPM) business, and will look to build on the success of its predecessor IDP I, which is now 94% deployed.
The capital seeding for IDP II comes from nine institutional investors, comprising a mix of insurance companies and pension funds spread across five European countries and Japan. More than 75% of these institutions are also invested in IDP I.
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