From Pulse 2.0 · Amit Chowdhry · · 40s
Foundation Credit Closes $540M Infrastructure Debt Fund
Foundation Credit's infrastructure debt fund exceeds target with $540 million in commitments.
In brief
Foundation Credit's infrastructure debt fund exceeds target with $540 million in commitments. Foundation Credit closed its infrastructure debt fund with $540 million above target to finance U.S. essential infrastructure projects. Originally reported by Pulse 2.0.
Fund Completion
Foundation Credit completed final close of Foundation Infrastructure Debt Fund II with approximately $540 million in total capital commitments, exceeding the fund’s original target.
Investor Base
The fund attracted commitments from pension funds, insurance companies, endowments, foundations, asset managers, and registered investment advisors.
Market Focus
Foundation Credit plans to use the fund for middle-market infrastructure debt transactions across transportation, water, sustainable projects, and social infrastructure.
The takeaway
Foundation Credit closed its infrastructure debt fund with $540 million above target to finance U.S. essential infrastructure projects.
