HSBC Asset Management continues to bolster its global private credit platform, valued at $6.5 billion, with the launch of two new strategies: the Global Transition Infrastructure Debt strategy and the European Senior Direct Lending strategy.
These initiatives mark expansions in response to growing institutional interest in the private credit market.
The Global Transition Infrastructure Debt strategy has already secured over $240 million in client commitments. This strategy focuses on investing in senior and second lien debt, targeting mid-market borrowers across investment grade countries in Europe, North America and the Apac region.
With the global push towards net zero requiring an estimated $275 trillion in infrastructure investment by 2050, this strategy aims to provide investors with opportunities to finance assets that support this transition, including clean power, energy efficiency, and clean industry.
It’s not rocket science; it’s quantum mechanics
HSBC AM’s Infrastructure Debt team leverages HSBC Bank’s global origination platform, along with external banks, advisers, and project sponsors, to source and secure investment opportunities.
In addition to the infrastructure debt strategy, HSBC AM has expanded its direct lending capabilities into the European market with the launch of its European Senior Direct Lending strategy. The strategy, which has completed its second close and expects continued fundraising through 2025, builds on the success of HSBC AM’s UK Direct Lending strategy launched in 2020.
The European Senior Direct Lending strategy targets senior secured loans for private equity-backed European middle-market companies, particularly those with earnings before interest, taxes, depreciation, and amortization. between €10 – 35 million.
These new strategies reflect HSBC AM’s ongoing commitment to expanding its alternatives capabilities, which encompass private markets, private credit, hedge funds, real assets, venture capital, and flexible capital solutions.
Scott McClurg, head of private credit, HSBC AM said: “The extension of our direct lending offering to Europe reflects the demand we are seeing from institutional investors for a high-quality, mid-market European direct lending strategy. Our offering captures the benefits of our partnership with HSBC Bank to leverage a strong pipeline of pan-European loan origination opportunities.”
