BlackRock nears close on Colombian infra fund

BlackRock nears close on Colombian infra fund

Colombia Loans Funds Project & Infrastructure Finance

BlackRock is expected to finish raising COP1tn ($337m) for an infrastructure debt fund in Colombia by the end of Q1 this year, LatinFinance has heard.At least two funds are raising money for infrastructure investments in Colombia, but BlackRock is the nearest to closing, sources said. BlackRock declined to comment.SMBC and BTG Pactual are building a 25-year infrastructure fund, while the IFC is creating a $500m local bond program to finance infrastructure projects in Colombia.SMBC and BTG Pactua

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial