AlbaCore Capital Group and Mitsubishi UFG Bank have teamed up to provide global investors with scalable and sustainable access to UK and European infrastructure debt.
The platform, which will launch investment grade and high yield investment strategies, will leverage MUFG Bank’s global project finance origination capabilities, combined with the mid‑market origination expertise of AlbaCore’s Infrastructure Debt Investment Team.
While MUFG and AlbaCore will jointly shape the strategic direction of the platform, AlbaCore as manager of the funds will retain full independence in asset selection and portfolio management on behalf of investors.
Infrastructure debt aims to offer investors a resilient, income‑focused allocation that enhances portfolio stability while financing critical infrastructure. Returns are based on stable, predictable cash flows from long‑term essential assets, supported by low historical default rates, strong recovery levels and low correlation to broader markets.
As part of the platform, AlbaCore will launch a new high yield infrastructure credit strategy, having secured seed funding from the Trust Bank.
Leveraging the team’s deep expertise and relationships in the European infrastructure lending market, the high yield strategy will invest in unitranche, holding company and junior credit investments in infrastructure. Both the investment grade and high yield strategies will allow AlbaCore to address the increasing demand from investors for European infrastructure debt.
For MUFG, this partnership reinforces its global leadership position and innovation in infrastructure project finance adding a new external distribution channel for structured finance deals while creating supporting internal architecture for its award-winning global structured finance business.
The platform also strengthens MUFG’s global investment management ecosystem, enabling Japanese and global investors to access high‑quality infrastructure debt investments within a fund format.
Takafumi Ihara, Group Head, Asset Management & Investor Services Business Group, MUFG, said: “This strategic initiative aligns with that of our global asset management business, which is to expand our private product capability and competitiveness globally in the infrastructure debt space.”
