AMP Capital has announced a record $6.2bn fundraise for its fourth infrastructure debt strategy, which includes the final close of the AMP Capital Infrastructure Debt Fund IV (IDF IV), co-investment rights and separately managed account commitments.
Central to the fundraise is the final close of the IDF IV, which reached its hard cap of $4.0bn, surpassing its $3.5bn target. An additional $1.0bn was secured in co-investment rights and a further $1.2bn from investors wanting access to AMP Capital’s infrastructure debt deal capabilities.
This is AMP Capital’s largest ever closed-end fund and is believed to be the largest fundraise in the world for an infrastructure mezzanine debt strategy.
AMP Capital Global Head of Infrastructure Debt Andrew Jones said: “We’re thrilled with the level of interest we’ve received for our fourth infrastructure debt strategy.