I Squared Capital says it’s signed a partnership with investors to deploy up to $800 million in credit investments to fund telecoms and other infrastructure across multiple regions.
The system and strategy will target a mix of investments across senior, mezzanine and unitranche debt to established corporate sponsors and middle-market developers within the energy, utilities, transport, telecom and social infrastructure sectors, consistent with the infrastructure investment manager.
Sadek Wahba, Chairman and Managing Partner of I Squared Capital, says the mandate of the deal will span the danger spectrum, from investment grade to high yield, that specialize in strong downside protection in OECD countries, primarily within the U.S. and Europe.
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“According to I Squared Capital, these investments will help finance the essential services necessary to get over the Covid pandemic, mitigate the consequences of global climate change , and support future economic process .”
“Infrastructure credit may be a natural extension of our global equity strategy and that we are excited to leverage our global and sectoral network to take a position in infrastructure credit,” Wahba says.
According to I Squared Capital, these investments will help finance the essential services necessary to get over the Covid pandemic, mitigate the consequences of global climate change , and support future economic process .
Wahba says that “developing infrastructure is more important than ever and that we see robust demand for capital across our key sectors including renewables, telecom, and transport logistics.”
The ISC, also known as Squared Capital credit platform was launched this year with a team of 25 professionals and can enjoy the experience and expertise of the worldwide infrastructure platform with over 145 professionals in its six global offices and over $14 billion in equity assets under management, consistent with the organisation.