Japan's Asset Management One Alternative Investments (AMOAI) has announced the joint developement of an investment scheme targeted at infrastructure debt; the fund will be housed in Luxembourg.

Expanding their offering in global infrastructure investments, AMOAI (formerly known as Mizuho GAI) and its partners recently announced plans for an investment scheme in the area of infrastructure debt. 

The fund, named Cosmic Blue PF Lotus FCP-RAIF, which is the second infrastructure debt fund managed by AMOAI, will be housed in the Grand Duchy of Luxembourg under the form of a reserved alternative investment fund (RAIF). 

This new scheme, the first Luxembourg global infrastructure debt fund, aims at connecting the capital of Japanese investors with the global infrastructure markets and offering attractive investment opportunities as well as supporting the financing of the infrastructure industry, which is important for the sustainable growth of countries and local communities where such investments are made.

With this new fund, AMOAI also aims at increasing its presence as an asset manager specialising in infrastructure debt and will continue to develop new investment products that satisfy the needs of institutional investors.

Arendt & Medenach’s teams in Luxembourg and Hong Kong have assisted AMOAI in relation to this fund setup, accompanying them in the transition from setting up Cayman vehicles to Luxembourg domiciled funds, in this case, as a non-regulated FCP-RAIF.