Fengate Capital Management's global pursuit continues through its recent collaboration with KB Asset Management, the investment arm of KB Financial Group, a leading financial institution in Korea.
The US $180 million investment fund will target infrastructure assets such as roads, hospitals and renewable energy in Canada and the United States. The investors in this fund are
Mr. Lou Serafini, President and CEO of Fengate Capital Management stated:
"We are thrilled that these global, world class institutions have endorsed Fengate and our disciplined approach to creating long term sustainable yields from infrastructure investments."
Fengate Capital is an asset management firm in the alternatives sector specializing in the management of customized infrastructure and real estate investment funds for institutional clients. The firm has approximately US$2 billion in assets under management with expertise in infrastructure, commercial real estate and seniors housing. The company has significant experience in public-private partnerships, independent power projects and real estate developments.