Whitehelm Capital Infrastructure Debt Partners I fund has achieved it's first close and raised the targeted amount of EUR 500 million (US$ 546.12 million). The fund is managed by Whitehelm Capital and it is part of company's Australian superannuation funds portfolio. The fund achieved it's targeted amount through European investors.
The fund will invest in debt issued by defensive and non-cyclical infrastructure borrowers from countries in Europe, USA, UK, etc. The fund has already made commitments to invest in utility and broadcast infrastructure business.