Stonebridge raises initial $201.5 mln for second infrastructure debt fund
Canadian financial services firm Stonebridge Financial Corp has launched Stonebridge Infrastructure Debt Fund II LP with initial capital commitments totaling $201.5 million. Commitments were provided by Canadian institutional investors and the Business Development Bank of Canada (BDC). Like Fund I, Stonebridge's second investment vehicle will focus on long-term senior debt financings that support the construction, operation, ownership or maintenance of a range of social infrastructure assets, such as hospitals, schools and transportation facilities, and energy infrastructure assets.
24 November 2014•3 mins read
