MEAG Asset Management has launched a second infrastructure fund 'MEAG Infrastructure Debt Fund II'. The fund will focus its investments in infrastructure projects in sectors of transport, traffic, utilities, energy, communication, and society. The fund will offer institutional investors a broadly diversified investment with an optimized risk/return profile in the infrastructure finance asset class.
The target volume is EUR 800 million (US$ 955 million), the planned term is around 25 years and the average modified duration is 11-13 years. The average target return is 2.75% pa before costs.