The asset management arm of banking and financial services firm HSBC has so far raised over $240m (鈧�189.6m) for a new global infrastructure debt strategy.

HSBC Asset Management (HSBC AM) said the newly launched Global Transition Infrastructure Debt strategy invests in senior and second lien debt, targeting mid-market borrowers in investment-grade countries in Europe, North America and the APAC region.

The Global Transition Infrastructure Debt strategy expects to offer investors opportunities to finance infrastructure assets that support the transition to a cleaner economy, including clean power, energy efficiency and clean industry, the manager added.

Scott McClurg, head of private credit at HSBC AM, said: 鈥淲e believe in the vital role that substantial and sustained investment in infrastructure will play in the transition to net zero.

鈥漁ur Global Transition Infrastructure Debt strategy provides clients with the opportunity to contribute to, and benefit from, the shift towards a more sustainable global economy while aiming to deliver compelling returns.鈥�

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Raz joined the 麻豆映画 editorial team in 2017 as news editor of 麻豆映画 Real Assets. He has over 15 years of experience as a financial journalist, having worked for Dow Jones Newswires and The Wall Street Journal where he worked as an equities reporter covering corporate news. He later covered consumer finance and moved on to become a leisure reporter and helped manage the London corporate news and small-cap desk.View full Profile

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