Cap reached at final closing of REDI HR


REDI HR, Rivage Investment’s high return infrastructure debt fund, reached its €400 million hard cap limit at its final closing on 30 March 2018.
The fund was created a year ago by Rivage Investment after identifying the need for intermediate financing between senior debt and equity capital - the longevity and robustness of the infrastructure asset class justifying the associated risk.
This idea was backed by 25 investors ready to take advantage of opportunities in infrastructure project finance at both the junior debt and holdco levels.
Investors showed their strong support for Rivage Investment, with final subscribed commitments being in excess of the €400 million hard cap.