German bank Helaba Landesbank Hessen-Thüringen has established a new debt fund platform, HLB Private Markets, and launched Infrastructure Debt Fund I with a large Canadian institutional investor in Luxembourg, Germany.

Infrastructure Debt Fund I is the inaugural installment within a series of debt funds, each targeting a volume of EUR500 million (US$532 million). Helaba Landesbank Hessen-Thüringen has launched this initiative through its newly established debt fund platform, 'HLB Private Markets,' based in Luxembourg. The introduction of 'Infrastructure Debt Fund I' has been realized in collaboration with a significant Canadian institutional investor and with support from Mount Street, which played a pivotal role in formulating the fundraising strategy for 'Infrastructure Debt Fund I'. Mount Street also functions as an independent portfolio manager for the HLB Private Markets Platform. 

Helaba's infrastructure debt strategy is designed to offer tailored debt fund solutions to investors, encompassing a diverse investment spectrum ranging from digital infrastructure to renewable energy assets such as wind and solar plants, as well as land transport assets. This debt fund operates as a sub-fund under 'HLB Private Markets SCSp, SICAV RAIF.' The launch of this inaugural infrastructure debt fund marks the commencement of a series of closed-end debt funds, all dedicated to investments in direct loans originated by Helaba."