AMP Capital Raises $340.9M For Infrastructure Debt Fund

AMP Capital, a unit of Australian fund manager AMP, has raised 241 million euro ($340.9 million) for its infrastructure debt fund, Reuters reported. The fund has secured commitments from 12 institutional investors, including China Life Insurance Co., Reuters said. The company’s first investment is in a UK-based train leasing firm, and the fund will focus its investments on essential services such as water, gas, electricity, transport and hospitals.

ManagersNorth AmericaUSBriefs